Student Solution

-->

"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

1 University

1 Course

1 Subject

Download Solution

Related Solution

Week 4 Assignment 1_...
Additional funding is necessary for unanticipated needs: Although $736 million dollars sounds like a huge amount of money, this is considered a budget cut within the increase amount provided because s...

Week 4 Assignment 1
Week 4 Assignment 1

Additional funding is necessary for unanticipated

Week 9 Journal Cochl...
Cochlear implants are small, complex electronic device that can help to produce sound when a person who is profoundly deaf or severely hard off hearing . Cochlear implants bypasses the damaged inner...

Week 9 Journal Cochlear implants
Week 9 Journal Cochlear implants

Cochlear implants are small, complex electronic de

Module 3 Topic Propo...
Event: Texas has a major snow storm to which the state has never seen before and their governor goes on vacation, leaving his state without direction and/or guidance. Texas Senator, Ted Cruz, h...

Module 3 Topic Proposal Discussion Board
Module 3 Topic Proposal Discussion Board

Event: Texas has a major snow storm to which the s

Week 1_Assignment_Final

Week 1_Assignment_Final

Q 1. What is the difference between micro and macroeconomics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one.2. Go to the internet and find a recent article that you find that is relevant for this section. Provide the link, and a summary of the article and discuss, in a few words, why you found the article interesting3. Provide an example of a sunk cost. How does this differ from a marginal cost? Explain a time you did (or should have) used marginal analysis to solve a problem.

View Related Questions

Solution Preview

View Complete Solution
There is a subtle difference between micro and macroeconomics. It can be said that the micro-economics is all about the different types of the usages of the individual consumer behaviour and also there are different other things like the budget and utilities that is also studied under the microeconomics. The macroeconomics deals with the whole nation and it is dealt with the different types of the problems like the inflation and the other types of the issues like the unemployment.