wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

Wages, rent, supply curve, etc. are studied under which branch of economics?

A
Macroeconomics
No worries! We‘ve got your back. Try BYJU‘S free classes today!
B
Microeconomics
Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses
C
Wealth economics
No worries! We‘ve got your back. Try BYJU‘S free classes today!
D
Monetary economics
No worries! We‘ve got your back. Try BYJU‘S free classes today!
Open in App
Solution

The correct option is B Microeconomics

Micro economics deals with the study of economics from the view point of an individual unit and the study of individual variables and their relation with each other which influence the market. Wages, rent, supply curve - all are individual variables and thus are studied under micro economics.


flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Introduction to Statistics
STATISTICS
Watch in App
Join BYJU'S Learning Program
CrossIcon