Target Exam

CUET

Subject

Economics

Chapter

Macro Economics: Introduction

Question:

Study of consumer behaviour falls under which of the following options?

Options:

Microeconomics

Macroeconomics

Income Theory

Both 1 and 3

Correct Answer:

Microeconomics

Explanation:

The correct answer is Option 1: Microeconomics

The study of consumer behavior falls under microeconomics, as it focuses on the decision-making processes of individuals and households regarding the allocation of their resources.