Economy, asked by kimm6049, 11 months ago

Into how many parts can the subject matter of economics be divided? Describe them in detail.

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Answered by Anonymous

1

Answer:

According to modern view, the subject matter of economics is divided into two parts: Microeconomics: Micro economics studies the economics activities and behavior of small individual units of the economy. It means microeconomics can be defined as the study and analysis of the behavior of individual economic units.

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