Practicing Success

Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:
Which branch of economics examines the functioning of the particular sectors of the economy, assuming that the rest of the economy remains the same?
Options:
Macroeconomics
World economics
Microeconomics
Western economics
Correct Answer:
Microeconomics
Explanation:
Microeconomics; which mostly examines the functioning of the particular sectors of the economy, assuming that the rest of the economy remains the same. This is what distinguishes it from macroeconomics which deals with economy as a whole.