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Microeconomics

Which economi...

Question

Which economics deals with the study of behaviour of individual decision making units?

A

Macroeconomics

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B

Microeconomics

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C

Wealth economics

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D

Monetary economics

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Solution

The correct option is B Microeconomics
Microeconomics deals with the study of economics from the viewpoint of an individual unit and the study of individual variables and their relation with each other that influences a market place and its factors.

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Similar questions

Q. Explain with reasons whether you agree or disagree with following statements.
Macro-Economics deals with the study of individual behaviour. Or
Macro-Economics studies small units.

Q. Give Reasons.
Micro Economics deal with the study of individual units

Q. ___________ is the study that considers aggregate behaviour, and the study of the sum of individual economic decisions.

Q. Give reasons or explain:
Micro Economics studies behaviour of individual economic unit.

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.

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