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In a beginning course in economics, which I've taught by the way, students would that economics is broken into to two main areas. One is called 𝘮𝘪𝘤𝘳𝘰𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤𝘴 and the other is called 𝘮𝘢𝘤𝘳𝘰𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤𝘴. Basically, one looks at the smaller picture while the other looks at the larger picture.
msoexpert
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∙ 11y ago1 Macro Economics
2 Micro Economics
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What are two divisions of economics?
Macro-economics and micro-economics are these two divisions.
What economics indicators measures a specifics types of economics activity?
Retail sales.
What are the 3 types of economics?
Economics is the social science that analyzes the production, distribution, and consumption of goods and services.
What are the types of graphs used in economics?
bar graphs
What is the 2 division of economics?
Microeconomics and macroeconomics is the two division of economics.
What are two divisions of economics?
Macro-economics and micro-economics are these two divisions.
What economics indicators measures a specifics types of economics activity?
Retail sales.
What are the three types of resources of economics and why?
what are the 3 types of economic resources
2 types of economics?
macroeconomics and microeconomics
What are the 3 types of economics?
Economics is the social science that analyzes the production, distribution, and consumption of goods and services.
What are the types of graphs used in economics?
bar graphs
What is the 2 division of economics?
Microeconomics and macroeconomics is the two division of economics.
What are two subfields into which economics is divided and explain it?
The two subfields of economics are positive statements and normative statements.
What are the three types of utility in Economics?
time,place, form
What are the two subfields into which economics is divided?
Macroeconomics and Microeconomics
What are 3 types of resources when studying economics?
Goods, service, capital.
What are the four types of resources economics?
Labor, land, capital, entreprenurial
