Wich economists divided economics in two branches of micro and macro on the basis of economic activity a.marshal b.Ricardo c.ragnar frish d.none of these
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Economics is divided into two categories: microeconomics and macroeconomics. Microeconomics is the study of individuals and business decisions, while macroeconomics looks at the decisions of countries and governments.
Explanation:
in which year economics was divided into two parts- micro and macro??? Division came into existence only after 1930 as per the suggestion by Ragnar Frisch. The need for a separate branch of economics, i.e. macroeconomics was felt inevitable during the period of 'The Great Depression- 1929'
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