Basic of Economics Macro and Micro Review
Basic of Economics Macro and Micro is an Android application developed by Hasyim Developer. As the name suggests, the app provides an introduction to the basic concepts of economics, specifically macroeconomics and microeconomics. The app is free and falls under the Education & Reference category, specifically Books.
The app starts with a brief overview of economics and the answers it provides to the who and what questions in a society. It then delves into the two primary types of economics, macroeconomics, and microeconomics, highlighting their differences and similarities. Macro Economics deals with the performance, structure, and behavior of an economy as a whole, while microeconomics studies the behaviors of firms, businesses, and individuals and their decisions involving scarcity.
The app provides a comprehensive understanding of macroeconomics and microeconomics, covering topics such as general taxes, economic upswings and downturns, monetary and fiscal policy, interest rates, consumer decision making, firm production, and market equilibrium. The app explains the relationship between macroeconomics and microeconomics, emphasizing that aggregate production and consumption levels are the result of choices made by individual households and firms.
Overall, Basic of Economics Macro and Micro is an informative and useful app for those looking to understand the basics of economics.