1
Question
Define the subject matter of economics.
Open in App
Solution
Economics is a subject that studies about
different variables that prevails in the economy both at macro as well as micro
level. At micro level it deals with individual variables like consumer or
producer and how they influence the market. At macro level it deals with the
overall economic policies, aggregate variables of the economy.
Economics is a subject that studies about different variables that prevails in the economy both at macro as well as micro level. At micro level it deals with individual variables like consumer or producer and how they influence the market. At macro level it deals with the overall economic policies, aggregate variables of the economy.
Suggest Corrections
0
Similar questions