What are the elements that constitute the study of economics?
Who first used the term 'macro' in economics?
What are the two branches of economics?
Which branch of economics is concerned with the economic system as a whole?
Test your knowledge on the fundamental concepts of macroeconomics in this quiz. Explore the meaning, definition, nature, and scope of macroeconomics, including the study of human wants, needs, scarcity, resources, goods and services, economic choice, and the laws of supply and demand.
Make Your Own Quiz
Transform your notes into a shareable quiz, with AI.Get started for free