Which branch of economics examines the functioning of the particular sectors of the economy, assuming that the rest of the economy remains the same?
Answer & explanation
Correct answer: option 3
The correct answeris option 3: Microeconomics
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.