answersLogoWhite

0


Best Answer

Microeconomics (or price theory) is a branch of economics that studies how individuals, households, and firms make decisions to allocate limited resources,[1] typically in markets where goods or services are being bought and sold. Macroeconomics, on the other hand, involves the "sum total of economic activity, dealing with the issues of growth, inflation, and unemployment and with national economic policies relating to these issues" and the effects of government actions (e.g., changing taxation levels) on them

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Define the major branches of economics and their scope?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Continue Learning about General History

Nature and scope of Industrial economics?

mai tumse answer puch raha hu bekuf


How are goods and services distributed?

This is a rather broad (homework or study) question, for which the answer could be an entire book, or even a library of books. You need to look up the word "distribution" in the context of Economics. You'll then be able to glimpse the scope of your question and the answer to it.


Scope and importance of managerial economics?

Business managers need to know about macroeconomics because firms operate in and are influenced by the behavior of the overall economy. Factors such as interest rates, employment, inflation, money supply, etc., affect the business environment and financial conditions in general, so firms must address macroeconomic issues in their planning and management strategy. Macroeconomic forecasts and strategies are more important for large firms than for small businesses.


What scope mount will fit a Benjamin Franklin model 347?

The Ballistic Enterprises #1 INTEGRABASE, is absolutely the best scope mounting base ever manufactured for the Benjamin and Sheridan air rifles and pistols. It is constructed from aircraft grade aluminum and is CNC Machined on the latest equipment. This scope mounting base mounts the scope with proper eye relief and closer to the bore axis for more comfort and better scope tracking. Available through several major airgun distributors throughout the United States.


How do mount a scope on a mosin nagant?

Two methods- one uses a long eye relief scope, and the mount is ttached to the ear sight base- known as a "Scout" mount. The other method uses a scope mount that is attached by drilling and tapping the reciever- but the bolt handle must be modified to a bent shape to clear the scope.