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Government Intervention

Price theory ...

Question

Price theory in the economics is a principle of:

A

Microeconomics

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B

Macroeconomics

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C

Public economics

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D

Development economics

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Solution

The correct option is A Microeconomics
Microeconomics

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Similar questions

Q. Price theory is an important constituent of __________ economics.

Q. Give reasons or explain the following statements.

1) Micro Economics is also known as price theory.

2) Micro Economics studies individual economic unit.

3) Micro Economics analyses partial equilibrium.

4) Micro Economic theories are based on certain assumptions.

5) Marginalism principle is used as a tool of analysis in micro economics.

Q. Give reasons or explain:
Micro economics is also known as price theory.

Q. Do you agree with following statements? Give reasons.
Micro Economics is known as Price Theory.

Q. Macro-economics is also known as __________.
(i) Method of Lumping
(ii) Price Theory
(iii) General equilibrium analysis
(iv) Aggregative Economics

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