Economy, asked by shimlarajput4738, 11 months ago

Macro economics and micro economics and its limitations

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Answered by yogichaudhary

1

Answer:

Despite its importance, microeconomics analysis suffers from certain limitations, which are as follows. 2. ... For example, important problems relating to public finance, monetary and fiscal policies etc are beyond the scope of microeconomics. 5 Microeconomics suffers from abstractness.

@YogiChaudhary

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