CameraIcon

CameraIcon

SearchIcon

MyQuestionIcon

MyQuestionIcon

Thinking Like an Economist

Economists wh...

Question

Economists who are concerned about the behaviour of individual households, firms and industries are studying __________.

A

microeconomics

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

B

macroeconomics

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

nanoeconomics

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

neoeconomics

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is A microeconomics
Microeconomics is the study of particular firm, particular household, individual price, wages, income, industry and particular commodity.

Suggest Corrections

thumbs-up

0

mid-banner-image

mid-banner-image

Similar questions

Q. The study of the behaviour of firms, individual markets, and household is called ___________.

Q. Which of the following is defined as branch of economic analysis that studies the economic behaviour of the individual unit, a particular household, or a particular firm?

Q. ___________ is that branch of economics that concern how individual households ad firms takes economic decisions to allocate scarce resources.

Q. In a/an _________ economy goods are demanded by households, firms or producers and the government.

Economists are generally concerned about rising marginal propensity to save (MPS). Explain.

View More

similar_icon

Related Videos

lock

Thinking like an Economist

ECONOMICS

Watch in App

Explore more

Thinking Like an Economist

Standard XI Economics