We mainly study the following in Micro-Economics ____________________.

Economic conditions of a section of the people

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General price level

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Balance payments

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Employment and economic growth

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Solution

The correct option is A Economic conditions of a section of the people
Micro economics deals in the study of individual variables that influence the market. Therefore, study of consumer and producer behaviour for different commodities is the main aspect of microeconomics as it focuses on how different sections affect the market.

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Similar questions

Q. A study of a ________ will be a part of micro economics.

Q. Fill in the blanks with appropriate alternatives given in the brackets.

1) The terms Micro and Macro Economics were first used by _______________. (Adam Smith/ Robbins/ Ragner Frisch/ Marshall).

2) Micro Economics is a study of _________. (Whole economy/ general price level/ National output/ Individual economic unit).

3) Micro Economics is also called as ________________. (Income theory/ Price theory/ Growth theory/ Employment theory)

4) Micro Economic analysis adopts __________________ method. (lumping/ aggregative/ Slicing/ inclusive)

5) Micro Economics is a __________________________ equilibrium approach. (partial/ general/ total/ multi-variable).

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. We mainly study the following in Micro-Economics -

Q. We mainly study the following in Micro-Economics:

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