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 (B)</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' (C)</p> Signup and view all the answers

What organization conducts the ICSE board examination for Class 10?

<p>CISCE (A)</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 (B)</p> Signup and view all the answers

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

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

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

<p>Extramarks web portal (D)</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 (A)</p> Signup and view all the answers

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