1
You visited us
1
times! Enjoying our articles?
Unlock Full Access!
Byju's Answer
Standard XI
Economics
Choices
Answer the fo...
Question
Answer the following.
What is the scope and subject matter of micro economics.
Open in App
Solution
Microeconomics
It is that part of economics which deals with the individual units of the economy.
It takes into account the demand and supply of individual units.
It aims to determine the price of a product using the factors of production.
Example: Individual income and Individual output.
Suggest Corrections
0
Similar questions
Q.
Answer the following questions
What is the scope & subject matter of Micro Economics?
Q.
Answer in details
Explain the scope and subject matter of Micro Economics.
Q.
Explain the scope and subject matter of micro economics.
Q.
Answer the following questions
What is the scope and subject matter of Macro-Economics?
Q.
Answer the following questions.
What is the scope and subject matter of Macro Economics?
View More
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Related Videos
Scarcity and Choice
ECONOMICS
Watch in App
Explore more
Choices
Standard XI Economics
Join BYJU'S Learning Program
Grade/Exam
1st Grade
2nd Grade
3rd Grade
4th Grade
5th Grade
6th grade
7th grade
8th Grade
9th Grade
10th Grade
11th Grade
12th Grade
Submit
Solve
Textbooks
Question Papers
Install app