The basic difference between macroeconomics and microeconomics is: Question 4 options: microeconomics explores the causes of inflation while macroeconomics focuses on the causes of unemployment. microeconomics concentrates on the behaviour of individual consumers and firms while macroeconomics focuses on the performance of the entire economy. microeconomics concentrates on the behaviour of individual consumers while macroeconomics focuses on the behaviour of firms. microeconomics concentrates on individual markets while macroeconomics focuses primarily on international trade