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what philosophical factors prevent us from adding up microeconomic results to the macro or aggregate economy?

what philosophical factors prevent us from adding up microeconomic results to the macro or aggregate economy?

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Answer #1

Microeconomics studies about individuals units of the economy whereas the macroeconomics studies about the aggregates of the economy as a whole.

If we look at an individual's approach to his /her income then it is evident that an individual prefers to save some part of income for future emergencies and as a saving for old age.

Whereas if this approach of microeconomics is applied to macroeconomics then it will lead to unemployment , low investment, low GDP, and other kinds of economic problem.

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