The Bachelor of Arts Degree Quiz

10 Questions

What does the abbreviation 'B.A.' stand for?

Bachelor of Arts

In how many years is a Bachelor of Arts degree usually completed?

4 years

What is the primary focus of a Bachelor of Arts degree?

Liberal arts and studies

What is the Latin origin of the abbreviation 'B.A.'?

baccalaureus artium

How does a Bachelor of Arts degree differ from a Bachelor of Science degree?

Focuses more on liberal arts and studies

What does microeconomics primarily analyze?

Individual agents and markets

What does macroeconomics primarily analyze?

The economy as a system and its interactions

What does positive economics describe?

Describing 'what is'

What does normative economics advocate?

Advocating 'what ought to be'

What are the key elements analyzed in macroeconomics?

Production, consumption, saving, and investment

Study Notes

Bachelor of Arts Degree

B.A. stands for Bachelor of Arts
A Bachelor of Arts degree is usually completed in 4 years
The primary focus of a Bachelor of Arts degree is on the arts, humanities, and social sciences

Origin of Abbreviation

The Latin origin of the abbreviation 'B.A.' is 'Artium Baccalaureus'

Difference from Bachelor of Science

A Bachelor of Arts degree differs from a Bachelor of Science degree in its focus on arts, humanities, and social sciences, whereas a Bachelor of Science degree focuses on sciences and mathematics

Economics

Microeconomics primarily analyzes individual economic units such as households, firms, and markets
Macroeconomics primarily analyzes the economy as a whole, including issues such as inflation, unemployment, and economic growth
Positive economics describes the economy as it is, analyzing the economy without making value judgments
Normative economics advocates for what the economy should be, making value judgments and recommendations for policy changes
Key elements analyzed in macroeconomics include inflation, unemployment, economic growth, and international trade