(1) What are the main differences between microeconomics and macroeconomics? Provide an example of a microeconomic and macroeconomic phenomenon.
(2) Would you give an example of a microeconomic decision you've made at work or home?
(3) Would you give an example of how a macroeconomic phenomenon has impacted a personal or business decision of yours? In the end, what was the result of your decision?
A distinction between Microeconomics and Macroeconomics is presented.