Micro vs Macro Econ

<p>I'm a little confused about the subject matter of the two economics classes. I know that micro pertains to accounting, but what are the similarities/ differeces between the two?</p>

<p>Micro deals with the decisions made by individual firms, while Macro deals with the economy as a whole, ignoring individual decisions and focusing on aggregate effects. Neither really has very much to do with accounting, although I guess micro does come a little bit closer.</p>

<p>so then would it be a good idea to take both tests (self study)?</p>

<p>Macros more of a science; micros more about business. Macro's always a good class to take (and doable for self-study, though difficult w/o a teacher); Micro would be useful depending on your major (and if your prospective colleges will give credit for it.</p>

<p>to put it simply... micro looks at the small picture whereas macro looks at the bigger picture. Preferably, doing both is good.</p>

<p>But whether you like the bigger picture or the little details, depends on you really.</p>

<p>I was thinking of starting of a club at my school where we can tackle one of the two each year. Also, I will try to get the current intro to business teacher to advise us and maybe give us a few lessons. What would you guys recommend as a good book to use to study with?</p>

<p>McConnell Blue was my AP Econ Book, though it overprepares you for the test as it is a college text. The Book contains Macro and Micro in it, so you need to figure out what chapters are Micro and which are Macro.</p>

<p>5 steps to a 5 is good prep for the test, and it breaks down concepts to digestible bits.</p>

<p>It's the orange cover.</p>

<p>Princeton Review was a pretty good review book</p>

<p>I would do both - but macro is more interesting.</p>

<p>I found micro fascinating, personally, and I have no interest in business whatsoever.</p>

<p>If you're looking for a book, I'd wholeheartedly reccomend the textbook by Gregory Mankiw. It is concise, yet complete; it avoids overexplanation and redundancy while still not neglecting any details. My mom, who teaches college econ, swears that it's the best out there.</p>

<p>kcirsch, pr was very very skimpy review and didnt help unless you already knew what you were doing.</p>

<p>The best review book is 5 steps and Barron's, Kaplan and Cliffs are good, the problem with PR is its too short, so if you ONLY read from there, you'll get confused and won't learn anything, but its good for the day before or last minute review.</p>

<p>Shoot! I have Princeton. THANK YOU Rhapsody in Green - when I went to the Harvard Coop (I happened to be checking out colleges and we were staying in Cambrige so I thought I might as well check out their econ text books) I was completely overwhelmed and had no idea what book to choose. I'll definitely check it out. Maybe this time when I self study I'll actually do it over a semester and not 2 weeks (hehe).</p>

<p>No problem! I'm glad to be a help.</p>