Micro economics is concerned with
The economy as a whole
The electronics industry
The study of individual economic behaviour
The interactions within the entire economy
Economics is a science of " scarcity and choice", this definition was presented by
Adam Smith
Prof : Marshall
Prof : Robbin's
Prof : Samuelson
Micro economics is also called
Economic theory
Price theory
Demand theory
Supply theory
Scarcity problem arises because our resources are
Unlimited
Limited
Sufficient
Vast
An Enquiry in to the Nature and causes of wealth of Nations" is the book of economist
Marshall
Robbins
Samuelson
According to Prof: Marshall , Economics is science of
Wealth
Scarcity and Choice
Material Welfare
Resources
Inflation is
A decrease in the over all price level
An increase in the over all price level
An increase in the over all level of economic activity
A decrease in the over all level of economic activity
Scarcity of resources
Alternative use of resources
Growth definition by Samuelson has
An element of time in its
Touches about economic growth and welfare concepts
Talks about the problem of scarcity of resources
All the above
