Economic analysis can be defined as the process of studying an economic system that aims to determine the optimal degree of use of scarce resources, how the agents making up the same make economic decisions and how they fulfil the function assigned to them in the economy.
This analysis can be carried out at a more aggregated level in the economy of a country or at a more disaggregated level in the economy of a company or a family.
To analyse the situation of a country, group of countries or geographic area in general, macroeconomics is used, which is a branch of economic analysis focused on the study of the economy as a whole and, therefore, deals with analysing large economical macro-magnitudes and the economic policies that affect them.
On the contrary, microeconomics, which is another branch of economic analysis, deals with analysing decision-making at the particular level of companies, families and individuals and what is its effect on economic activity in general.
