Economics: Micro and Macroeconomics
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Questions and Answers

What does microeconomics primarily analyze?

  • Individual agents and markets (correct)
  • Global economic systems
  • Government policies and regulations
  • Macroeconomic indicators
  • Which distinction within economics relates to 'what ought to be'?

  • Positive economics
  • Behavioural economics
  • Rational economics
  • Normative economics (correct)
  • Where can economic analysis be applied throughout society?

  • Education, law, and philosophy
  • Business, finance, and government (correct)
  • Healthcare, engineering, and cybersecurity
  • Science, religion, and the family
  • What does macroeconomics primarily analyze?

    <p>Economy as a system and its interactions</p> Signup and view all the answers

    What does heterodox economics differ from mainstream economics in?

    <p>Perspective on economic theories</p> Signup and view all the answers

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