Question:
As an economist, you have been asked to write a letter to a meeting of international professionals to explain the differences between microeconomics and macroeconomics and to provide real-world examples. Please write a letter of 4-6 pages including, but not limited to the following:
- the main differences between microeconomics and macroeconomics
- an example of each phenomenon
- a description of a microeconomic decision you made, and the factors that contributed to your decision
- a description of a specific macroeconomic phenomenon or event and how it has impacted you