A measure which can help in solving an economic problem is called as ______________ in economics.

Policy

The correct answer is Option 4: Policy

A measure which can help in solving an economic problem is called a policy in economics. Economic policies are strategies or actions taken by a government or an institution to influence or control economic behaviors and outcomes. These can include fiscal policies, monetary policies, trade policies, and various regulations aimed at addressing specific economic issues such as inflation, unemployment, economic growth, and distribution of income.