Macro economics is also called _____________ economics.

applied

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

aggregate

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

experimental

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

none of the above

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

Open in App

Solution

The correct option is B aggregate
Macro economics deals in the study of a nation's aggregate demand, aggregate supply, national income, aggregate employment and unemployment , inflation etc. Therefore, it studies aggregate or national variables and not individual variables.

Suggest Corrections

Similar questions

Q. Which of the following is a part of the subject matter of macro economics?

Q. Macro economics is also called _________.

Q. Which of the following is not a variable of macro economics?

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.

State the following statements are true or false.
1) Macro-Economics is known as income analysis.
2) Increase in national income is a Micro- Economic goal.
3) Macro-Economic adopts lumping method.
4) Study of price determination is a subject matter of Macro-Economics.
5) Micro-Economics deals with the study of aggregates.
6) National output is an example of macro variable.

Join BYJU'S Learning Program

Macro economics is also called _____________ economics.

The correct option is B aggregateMacro economics deals in the study of a nation's aggregate demand, aggregate supply, national income, aggregate employment and unemployment , inflation etc. Therefore, it studies aggregate or national variables and not individual variables.

The correct option is B aggregate
Macro economics deals in the study of a nation's aggregate demand, aggregate supply, national income, aggregate employment and unemployment , inflation etc. Therefore, it studies aggregate or national variables and not individual variables.