What is an example of a microeconomic phenomenon and an example of a macroeconomic one?

An example of a microeconomic phenomenon

The salient feature of monopolistic competitive market is product differentiation. There are large number of buyers and sellers in this market. Each firm fixes price given the equilibrium condition of marginal revenue equal to marginal cost. The firm markets its product which is differentiated from other similar category products in the market. First, there is intense competition in the smartphone market. Second, customers have a wide range of demands across the globe for several kinds of features of smartphones. So, the smartphones manufacturing has seen excessive innovation. The smartphone sector is highly fuelled by innovations in the nature of novel smartphone launch and wide range of designs. With respect to this, the presence of product differentiation is significant. The sales, marketing and non-technological strategies are also significant for the smartphone manufacturers to differentiate their products.

an example of a macroeconomic one

As capital flight is there from Britain to US, thanks to increased interest rate differential between US and Britain, GBP depreciates visa vis the USD till equilibrium is restored.

In the graph, initial equilibrium is at D. After depreciation, dd' is the new demand curve of the British currency which has shifted leftwards or downwards. And E is the new equilibrium. 1 is the new exchange rate between Britain and US denoted by the GBP/USD and it has got depreciated from 2, a higher GBP value of initial time.

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