Define economics. What are the differences between microeconomics and macroeconomics.

Define the concept of economic models

Explain it early but correctly.  Not copy paste answer provide.

What are endogeneity and heterogeneity in economics?

Explain economics as a science in the introduction to economics.

MICROECONOMICS  ( ALL OF IT IS ONE QUESTION!!!) For the article write the number of the graph that best describes what happened. King Size Beds For some couples, the solution for too much pandemic togetherness is saying good night on Valentine’s Day in a bigger bed where they don’t need to touch. After nearly two years of working from home and sharing close quarters with spouses, kids and pets, people are tossing out their full- and queen-size beds in favor of more spacious kings. After nearly two years of working from home and sharing close quarters with spouses, kids and pets, people are tossing out their full- and queen-size beds in favor of more spacious kings. Robert Pagano and his girlfriend, Tracy Jones, weighed the pros and cons of switching to a king from a queen last year. The couple, who live in Las Vegas, had been getting on each other’s nerves when they were stuck working from home. “We hoped a bigger bed would help us avoid arguments,” Mr. Pagano said. “But we were…

What are the negatives of the socioeconomic model ?

Indicate whether each of the following statements applies to microeconomics or macroeconomics: a. The unemployment rate in the United States was 5.1 percent in September 2015. b. A U.S. software firm discharged 15 workers last month and transferred the work to India.c. An unexpected freeze in central Florida reduced the citrus crop and caused the price of oranges to rise.d. U.S. output, adjusted for inflation, increased by 2.4 percent in 2014.e. Last week Wells Fargo Bank lowered its interest rate on business loans by one-half of 1 percentage point.f. The consumer price index rose by 0.2 percent from August 2014 to August 2015.

Analyze whether each of the following is primarily a microeconomic or a macroeconomic issue:   a) Setting the price for a cup of coffee.   b) Measuring the impact of tax policies on total household spending in the economy

What is the difference between macro and microeconomics? Answer your question with example (s).