The study of behavior of different individuals, organizations with in an economic system is known as

Micro Economics

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Macro economics

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Welfare economics

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Solution

The correct option is A Micro Economics
Microeconomics is the study of individuals, households and firm's behaviour in decision making and allocation of resources. It deals with individual and economic issues.

Hence, A is the correct option.

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Similar questions

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. Do you agree with the following statements? Give reasons.
i) Micro Economics studies behaviour of individual unit.
ii) Micro Economics is known as income theory.

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.

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.

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.

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The study of behavior of different individuals, organizations with in an economic system is known as

The correct option is A Micro EconomicsMicroeconomics is the study of individuals, households and firm's behaviour in decision making and allocation of resources. It deals with individual and economic issues. Hence, A is the correct option.

The correct option is A Micro Economics
Microeconomics is the study of individuals, households and firm's behaviour in decision making and allocation of resources. It deals with individual and economic issues.

Hence, A is the correct option.