Question: Please answer clearly, thanks. Review Questions: Chapter 1 1. Explain the difference between macroeconomics and microeconomics. 2. Identify the goals of social science and explain

Please answer clearly, thanks.

Review Questions: Chapter 1 1. Explain the difference between macroeconomics and microeconomics. 2. Identify the goals of social science and explain how the process of doing science may allow these goals to be achieved. 3. Discuss the scientific process, and explain how scientific progress is made. 4. How would one go about carefully and completely describing an economy? 5. Provide a counter-argument to the argument that, "Theorizing is just a waste of time." 6. Why are models used in economics? 7. Describe why economic observation and theorizing may be useful in developing economic policy

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