Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What does microeconomics primarily analyze?
What does microeconomics primarily analyze?
- Government policies and regulations
- Global trade patterns
- Individual agents and markets (correct)
- Macroeconomic indicators only
Which distinction in economics deals with 'what ought to be'?
Which distinction in economics deals with 'what ought to be'?
- Normative economics (correct)
- Behavioural economics
- Positive economics
- Rational economics
Where can economic analysis be applied throughout society?
Where can economic analysis be applied throughout society?
- Social media, fashion, and sports
- Business, finance, cybersecurity, and government (correct)
- Healthcare, engineering, and entertainment industry
- Education, technology, and agriculture
What does macroeconomics primarily analyze as a system?
What does macroeconomics primarily analyze as a system?
Signup and view all the answers
Which type of economics deals with the behaviour and interactions of economic agents?
Which type of economics deals with the behaviour and interactions of economic agents?
Signup and view all the answers
