Question

(4) Write in brief about the historical review of microeconomics.?
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Answer 1

Answer:

Historical review of Microeconomics:

The microeconomics originated in the era of classical economics. Thus it has a traditional approach. Economists as Adam Smith, Alfred Marshall contributed a lot in the field by their research papers and publishing theories and principles. Many other economists as Paul Samuelson, JR Hicks, etc. also contributed in this field.

Explanation:

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Answer 2

Answer:

Historical review of Microeconomics:

The microeconomics originated in the era of classical economics. Thus it has a traditional approach. Economists as Adam Smith, Alfred Marshall contributed a lot in the field by their research papers and publishing theories and principles. Many other economists as Paul Samuelson, JR Hicks, etc. also contributed in this field.

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