focuses on the behavior of the individual
actors on the economic stage, that is, firms and
individuals and their interaction in markets
Macroeconomics
Microeconomics
Managerial
Economics
Economics
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focuses on the behavior of the individual
actors on the economic stage, that is, firms and
individuals and their interaction in markets
Macroeconomics
Microeconomics
Managerial
Economics
Economics
Save Next
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Answer:
focuses on the behavior of the individual
actors on the economic stage, that is, firms and
individuals and their interaction in markets
Macroeconomics
Microeconomics
Managerial
Economics
Economics
Save Next
Microeconomics focuses on the behavior of the individual actors on the economic stage, that is, firms and individuals and their interaction in market.
Macroeconomics deals with macro variables of the economy for eg. price level in general, output of the economy in general or employment etc.
Microeconomics deals with macro variables of the economy which include individuals, firms of an industry etc.
Managerial Economics applies economic methods in the activities related to management.
"Economics is a branch of social science that deals with production, consumption and distribution activities in an economy. "