What is nature and scope of microeconomics?

7.7K Views|Posted 9 years ago
Asked by Saif Ali
1 Answer
Anil sharma
a year ago

Macroeconomics is the study of aggregates or averages covering the entire economy such as total employment, national income, national output, total investment, total consumption, total savings, aggregate supply, aggregate demand, and general price level, wage level and cost structure. In other words

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1 Comment
You didn't mention the nature of microeconomics, rather stated about macroeconomics.

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