Microeconomics, on the other hand, is concerned with minor issues that have an impact on individual and corporate decisions. The overall level of unemployment, for example, influences the supply of workers available to a company. Microeconomic aggregates can occasionally behave quite differently, if not completely oppositely, to equivalent microeconomic variables. Keynes, for example, mentioned the so-called Paradox of Thrift, which states that while saving money is important for individuals, when everyone tries to increase their savings at the same time, the economy suffers.
Microeconomics, on the other hand, investigates economic trends or what can occur when individuals make specific decisions. Buyers, sellers, and business owners, for example, are frequently subdivided. These actors interact with one another in accordance with resource supply and demand laws, with money and interest rates serving as pricing mechanisms for coordination.