Podcast
Questions and Answers
Which field of study focuses on the behavior and interactions of economic agents and how economies work?
Which field of study focuses on the behavior and interactions of economic agents and how economies work?
What does macroeconomics analyze?
What does macroeconomics analyze?
What does normative economics advocate for?
What does normative economics advocate for?
Which branch of economics describes 'what is' rather than 'what ought to be'?
Which branch of economics describes 'what is' rather than 'what ought to be'?
Signup and view all the answers
Which branch of economics analyzes the economy as a system and factors affecting it?
Which branch of economics analyzes the economy as a system and factors affecting it?
Signup and view all the answers
Which branch of economics analyzes the basic elements in the economy, including individual agents and markets?
Which branch of economics analyzes the basic elements in the economy, including individual agents and markets?
Signup and view all the answers
What does positive economics describe?
What does positive economics describe?
Signup and view all the answers
Which field of study focuses on the factors affecting the economy, such as employment, inflation, and economic growth?
Which field of study focuses on the factors affecting the economy, such as employment, inflation, and economic growth?
Signup and view all the answers
What does normative economics advocate for?
What does normative economics advocate for?
Signup and view all the answers
Which branch of economics focuses on the behavior and interactions of economic agents and how economies work?
Which branch of economics focuses on the behavior and interactions of economic agents and how economies work?
Signup and view all the answers
