__________ is a study of one particular unit rather than all the units combined together

Macro economics

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Micro economics

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Both (A) and (B)

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Social economics

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Solution

The correct option is A Micro economics
Microeconomics studies individuals and business decisions, while macroeconomics analyzes the decisions made by countries and governments. Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach. The division of economics into microeconomics and macroeconomics was given by Norwegian economist, Ragnar Frisch in 1933.

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