This preview shows page 1. Sign up to view the full content.
Unformatted text preview: owners and business firms in a free enterprise economy. At times micro-economics will study economic behavior at the industry level. Macroeconomics : Macro theory studies the aggregate level of economic activity, such as the economic systems total output, total level of unemployment, and the general price level for the economy as a whole....
View Full Document
- Fall '10