Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What does microeconomics primarily analyze?
What does microeconomics primarily analyze?
- Individual agents and markets (correct)
- Positive and normative economics
- Factors affecting employment
- The economy as a system
Where can economic analysis be applied throughout society?
Where can economic analysis be applied throughout society?
- Business and finance only
- Cybersecurity and health care only
- Various sectors including business, finance, cybersecurity, health care, and government (correct)
- Engineering and government only
Which distinction within economics involves advocating 'what ought to be'?
Which distinction within economics involves advocating 'what ought to be'?
- Positive economics
- Rational and behavioural economics
- Normative economics (correct)
- Economic theory and applied economics
What does macroeconomics primarily analyze?
What does macroeconomics primarily analyze?
Signup and view all the answers
What are the broad distinctions within economics?
What are the broad distinctions within economics?
Signup and view all the answers
