The micro and macroeconomics are distinguished on the following grounds: 

1. Scope: 

• Microeconomics study in individual units so its scope is narrow. 
• Macroeconomics study in aggregates, so its scope is wider. 

2. Method of study: 

• The microeconomics follows slicing method as it studies individual unit.
• The macroeconomics follows lumping method as it studies in aggregates. 

3. Economic agents: 

• In microeconomics, each individual economic agent thinks about its own interest and welfare. 
• In macroeconomics, economic agents are different among individual economic agents and their goal is to get maximum welfare of a country. 

4. Equilibrium: 

• Microeconomics studies the partial equilibrium in the country. 
• Macroeconomics studies the general equilibrium in the economy. 

5. Domain: 

• Microeconomics consists of theories like consumer’s behaviour, production, and cost, rent, wages, interest, etc. 
• Macroeconomics comprises of theory of income, output, and employment, consumption function, investment function, inflation, etc.