Economics Basics Quiz

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

Questions and Answers

What are the basic elements analyzed in microeconomics?

Individual agents and markets

What does macroeconomics analyze as a system?

Production, consumption, saving, and investment

What are the two broad distinctions within economics?

Positive economics and normative economics

In which areas can economic analysis be applied throughout society?

<p>Business, finance, cybersecurity, health care, engineering, and government</p> Signup and view all the answers

What are the two distinctions within economics related to economic theory?

<p>Rational economics and behavioural economics</p> Signup and view all the answers

Flashcards are hidden until you start studying

More Like This

Use Quizgecko on...
Browser
Browser