Distinguish between microeconomic and macroeconomic issues.Differentiate between positive and normative economics.

1. Identify the key concepts in Economics: scarcity, opportunity cost, comparative advantage, and externalities.
2. Discuss the key concepts in Microeconomics.
3. Distinguish between microeconomic and macroeconomic issues.
4. Differentiate between positive and normative economics.
5. Identify factors of production 6.avoid plagiarism.

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