10 Questions
What does macroeconomics analyze?
The economy as a system and its interactions
What does microeconomics focus on?
Individual agents and markets
What is the distinction between positive economics and normative economics?
Describing 'what is' vs advocating 'what ought to be'
Where can economic analysis be applied?
Business, finance, cybersecurity, and health care
What are the broad distinctions within economics?
Between economic theory and applied economics
What does microeconomics analyze?
Individual agents and markets
What does macroeconomics analyze as a system?
Production, consumption, saving, and investment
What is the distinction between positive economics and normative economics?
Describing 'what is' vs advocating 'what ought to be'
Where can economic analysis be applied?
Business, finance, and government
What are the broad distinctions within economics?
Between positive economics and normative economics
Test your knowledge of microeconomics with this quiz! Explore the basic elements of the economy, including individual agents and markets, their interactions, and the outcomes of these interactions. See how much you know about the behavior and interactions of economic agents and the workings of economies.
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