5 Questions
What does microeconomics primarily analyze?
Individual agents and markets
Which distinction within economics relates to 'what ought to be'?
Normative economics
Where can economic analysis be applied throughout society?
Business, finance, and government
What does macroeconomics primarily analyze?
Economy as a system and its interactions
What does heterodox economics differ from mainstream economics in?
Perspective on economic theories
Test your knowledge of economics, the social science that studies the production, distribution, and consumption of goods and services. This quiz covers microeconomics, which analyzes individual agents and markets, as well as macroeconomics, which examines the economy as a whole.
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