Economics can generally be broken down into: macroeconomics, which concentrates on the behavior of the aggregate economy; and microeconomics, which focuses on individual consumers. Economics is often referred to as the dismal science .. Next Up.
Bitmap (CompuServe) GIF, or Graphic Interchange Format, is a file extension for an often animated raster graphics file and is the second most common image format used on the World Wide Web after JPEG. GIF uses the LZW compression algorithm and is owned by Unisys.
The big difference between GIF and TIF is that a GIF file can only handle up to 256 separate colours in any one image, whereas a TIF file can handle âmillionsâ of colours.