How does microeconomics guide macroeconomics?

The relationship between microeconomics and macroeconomics;

First of all, microeconomics and macroeconomics complement each other. Secondly, microeconomics is the foundation of macroeconomics. Third, macroeconomics is not a simple generalization or repetition of microeconomics.

Microeconomics, also known as individual economics and microeconomics, is a branch of modern economics, mainly focusing on a single economic unit (single producer, single consumer and single market economic activity). Microeconomics is an economic theory that studies the economic behavior of a single economic unit in society and how to determine the individual value of the corresponding economic variables. Also known as market economics or price theory.

Microeconomics is an economic theory that studies the economic behavior of a single economic unit in society and how to determine the individual value of the corresponding economic variables. Analyze the economic behavior of individual economic units, on this basis, study the operation of market mechanism and its role in the allocation of economic resources in modern western economic society, and put forward microeconomic policies to correct market failure; Paying attention to the exchange process between individuals and organizations in society, its basic problem is the decision of resource allocation, and its basic theory is the theory of determining relative prices through supply and demand. Therefore, the main scope of microeconomics includes consumer choice, supplier supply and income distribution. Also known as market economics or price theory. The core theory of microeconomics is price theory. The central idea is that free exchange can often maximize the use of resources. In this case, the allocation of resources is considered as pareto efficient's.

Economic theory moves from micro to macro, from individual analysis to overall analysis, so macroeconomics begins with Keynes. Macroeconomics studies the relationship between economic aggregate and aggregate. Aggregate issues, such as total economic growth rate, total employment rate, total price index, tax rate, exchange rate, economic cycle, etc. When one of the indicators changes, we will make corresponding analysis and judgment.