5 Questions
What does microeconomics primarily analyze?
Individual agents and markets
What distinguishes positive economics from normative economics?
Describing 'what is' versus advocating 'what ought to be'
In what areas can economic analysis be applied?
Business, finance, cybersecurity, and health care
What does macroeconomics primarily analyze?
The economy as a system and factors affecting it
What are the broad distinctions within economics?
Between positive economics and normative economics
Test your knowledge of the fundamental principles of economics, including the study of production, distribution, and consumption of goods and services, as well as microeconomic and macroeconomic analyses.
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