The macro/micro split is institutionalized in economics, from beginning courses in “principles of economics” through to postgraduate studies. Economists commonly consider themselves microeconomists or ...

In economics, the term "macro environment" refers to the economic conditions that apply to the broader environment. This differs from what is called the "micro environment," which refers to ...

From Mr Chris Leek. Sir, I’m afraid Wendy Carlin (Comment, November 18) had not yet reached her state of enlightened thinking on the teaching of undergraduate economics when she was a newly ...

Single markets often are not confined to single countries; the global market for petroleum is an obvious example. The macro/micro split is institutionalized in economics, from beginning courses in ...