CameraIcon

SearchIcon

MyQuestionIcon

1

You visited us 1 times! Enjoying our articles? Unlock Full Access!

Macroeconomics

Explain with ...

Question

Explain with reasons whether you agree or disagree with following statements.
Macro-Economics deals with the study of individual behaviour. Or
Macro-Economics studies small units.

Open in App

Solution

No, the statements are incorrect.
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.
Macroeconomics
It is that part of economics which deals with the economic issues that take place on a large scale. It takes into account aggregate demand and aggregate supply.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Explain with reasons whether you agree or disagree with following statements.
After the world depression, importance of Macro Economics study increased.

Q. Do you agree with the following statements? Give reasons.

1) The scope of Macro-Economics is wide.
2) Macro-Economics deals with the study of individual behavior.
3) Macro-Economics is individualistic
4) Macro-Economics is different from Micro-Economics.
5) Macro-Economics is a partial equilibrium analysis.

Q. Explain with reasons whether you agree or disagree with following statements.
The scope of Macro Economics is wide.

Q. Give reasons or explain the following statements

1) Macro-Economics is the study of aggregates.
2) Macro-Economics is also known as income and employment theory.
3) The scope of Macro-Economics is wide.
4) Macro-Economics deals with whole economy.
5) Macro-Economics is different from Micro-Economics.

Q. Explain with reasons whether you agree or disagree with following statements.
Macro Economics is individualistic.

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Micro - Macro

ECONOMICS

Watch in App

explore_more_icon

Explore more

Standard XI Economics

Join BYJU'S Learning Program

CrossIcon