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Questions and Answers
What are the two main branches of economics?
What are the two main branches of economics?
Microeconomics and Macroeconomics
What is the focus of microeconomics?
What is the focus of microeconomics?
Analyzing individual agents and markets, their interactions, and the outcomes of interactions
What does macroeconomics analyze?
What does macroeconomics analyze?
The economy as a system where production, consumption, saving, and investment interact, and factors affecting it
What are the broad distinctions within economics?
What are the broad distinctions within economics?
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Where can economic analysis be applied?
Where can economic analysis be applied?
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