B Com Exam  >  B Com Questions  >  In economics, what is the primary distinction... Start Learning for Free
In economics, what is the primary distinction between Microeconomics and Macroeconomics?
  • a)
    Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.
  • b)
    Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.
  • c)
    Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.
  • d)
    Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
In economics, what is the primary distinction between Microeconomics a...
The primary distinction between Microeconomics and Macroeconomics is that Microeconomics focuses on individual economic variables (e.g., individual firms, consumers) while Macroeconomics deals with aggregate economic variables (e.g., national income, general price level).
Explore Courses for B Com exam
In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer?
Question Description
In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer?.
Solutions for In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for B Com. Download more important topics, notes, lectures and mock test series for B Com Exam by signing up for free.
Here you can find the meaning of In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer?, a detailed solution for In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer? has been provided alongside types of In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice In economics, what is the primary distinction between Microeconomics and Macroeconomics?a)Microeconomics focuses on individual economic variables, while Macroeconomics deals with aggregate economic variables.b)Microeconomics deals with international trade, while Macroeconomics focuses on domestic economic issues.c)Microeconomics analyzes the behavior of governments, while Macroeconomics studies the behavior of consumers.d)Microeconomics is concerned with social welfare, while Macroeconomics focuses on individual economic units.Correct answer is option 'A'. Can you explain this answer? tests, examples and also practice B Com tests.
Explore Courses for B Com exam
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev