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Explain the different fields of economics?

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December 30th, 2012 06:19
in On Docsity by freddye (University of Alaska System (AK), Statistics)

Explain the different fields of economics?

Please provide some information about economic fields?

6 Answers
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December 31th, 2012 12:10
lalitdiya (City University of New York (NY), Computer architecture)
Economics has two further fields, macroeconomics and microeconomics. Microeconomics is a largest sub-field of economics which is a study of economic behavior of small economic groups. Everything can be seen from two different pictures, big and small or macro and micro. Macro is a wide-angle lens to look at the thin gs and micro is a narrow-focus lens. Source: http://en.docsity.com/news/economics/microeconomics-theory-explanations-theory/

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January 30th, 2013 09:45
imran.mani (Jaypee University of Engineering & Technology, Materials science)
There's 2 fundamental fields involving financial aspects. Mini economics as well as Macro instruction immediate and ongoing expenses.

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January 30th, 2013 14:40
radhakrishna (Aliah University, Operating systems)
Throughout microeconomics all of us study the peoples economics. The phrase 'mini' means modest. That is precisely why when we go over the particular business economics like a sole or perhaps the business economics of the individual are called microeconomics.

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February 15th, 2013 14:38
sashie (Assam Agricultural University, Mechanical Engineering)
Typically microeconomics are applied where goods are bought and sold. Microeconomics also examine how these decisions and behaviours affect the supply and demand for the goods.

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February 15th, 2013 15:34
sathasivam (Indian Institute of Management (IIM), Control engineering)
Macroeconomics is a branch of economics deals with the performance,structure and behaviour of an economy as a whole. This include national,regional and global economies.

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February 18th, 2013 06:22
satinder (Jiwaji University, Modern literature)
Macroeconomics research aggregate symptoms such as Gross domestic product, being out of work prices along with rates indices to be aware of what sort of whole overall economy features.

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