Podcast
Questions and Answers
What does microeconomics primarily analyze?
What does microeconomics primarily analyze?
- Government interventions in the economy
- Individual agents and markets (correct)
- Macroeconomic policies
- Global trade dynamics
Which distinction within economics involves describing 'what ought to be'?
Which distinction within economics involves describing 'what ought to be'?
- Heterodox economics
- Mainstream economics
- Normative economics (correct)
- Positive economics
Where can economic analysis be applied throughout society?
Where can economic analysis be applied throughout society?
- Cybersecurity
- Health care (correct)
- Agriculture
- Engineering
What does macroeconomics primarily analyze?
What does macroeconomics primarily analyze?
What does mainstream economics primarily differ from heterodox economics in?
What does mainstream economics primarily differ from heterodox economics in?