We mainly study the following in Micro-Economics -

External value of money

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Product pricing

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National income and output

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(A) and (C)

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Solution

The correct option is D (A) and (C)
Microeconomics studies individuals and business decisions, while macroeconomics analyzes the decisions made by countries and governments. Microeconomics focuses on supply and demand, and other forces that determine price levels, making it a bottom-up approach. The division of economics into microeconomics and macroeconomics was given by Norwegian economist, Ragnar Frisch in 1933.

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Similar questions

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

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

Q. We mainly study the following in Micro-Economics -
(1) Product pricing
(2) Consumer behaviour
(3) Factor pricing.
Select the correct answer from the options given below-

Q. We mainly study the following in macro economics-
I. National income and output
II. General price level
III. Balance of trade and payments
Select the correct answer from the options given below -

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.

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