What are the branches of Economics

Micro and Macro Economics

• Economics divided into two parts.
• One is Microeconomics and other one is Macroeconomics.
• Microeconomics is primarily focused on the actions of individual agents, such as firms and consumers, and how their behavior determines prices and quantities in specific markets
• Macroeconomics involve the "sum total of economic activity, dealing with the issues of growth, inflation and unemployment, and with national economic policies relating to these issues" and the effects of government actions on them.