Economics: Micro and Macroeconomics
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Questions and Answers

What does microeconomics analyze?

  • Overall economy as a system
  • Factors affecting employment
  • Individual agents and markets (correct)
  • Public policies impact on economy
  • What is the main focus of macroeconomics?

  • Public policies impact on economy
  • Factors affecting employment
  • Currency inflation
  • Interactions of production, consumption, saving, and investment (correct)
  • What are the broad distinctions within economics?

  • Positive economics and normative economics (correct)
  • Economic theory and applied economics
  • Rational economics and behavioural economics
  • Mainstream economics and heterodox economics
  • Where can economic analysis be applied?

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

    What is the distinction between positive economics and normative economics?

    <p>'What is' and 'what ought to be'</p> Signup and view all the answers

    What organization conducts the ICSE board examination for Class 10?

    <p>CISCE</p> Signup and view all the answers

    What is the main purpose of the ICSE syllabus Class 10 Economics?

    <p>To provide practical knowledge and enhance analytical skills</p> Signup and view all the answers

    What does the Economics subject in Class 10 help students understand?

    <p>Various aspects of the subject</p> Signup and view all the answers

    Where can students access the ICSE syllabus Class 10 Economics for free?

    <p>Extramarks web portal</p> Signup and view all the answers

    What does the Extramarks class 10 Economics syllabus prepare students for?

    <p>School exams and national-level competitive examinations</p> Signup and view all the answers

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