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 the study of
Production technology
Consumption decision
How society decides what, how and far whom to produce
The best way to run society
Aggregate supply is the total amount
Of a labour supplied by all house holds
Of goods and services produced in an economy
Produced by the government
Of products produced by a given industry
An Enquiry in to the Nature and causes of wealth of Nations" is the book of economist
Marshall
Adam Smith
Robbins
Samuelson
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
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
Micro economics is not concerned with the behaviour of
Industries
Aggregate demand
Firms
Consumers
Economics is a science of " scarcity and choice", this definition was presented by
Prof : Marshall
Prof : Robbin's
Prof : Samuelson
Micro economics is also called
Economic theory
Price theory
Demand theory
Supply theory