0
Want this question answered?
Be notified when an answer is posted
Add your answer:
Earn +20 pts
Scope of micro and macro economics?
theory of income and employment: theory of general price level and inflation theory of economics macro theory of distribution' theory of international trade
Scope of micro economics?
Under the scope of microeconomics we study about different fields of areas of it . The major scope of microeconomics covers the following topics: 1. theory of demand (consumers behaviours) 2. theory of production ( producers behaviours) 3. theory of product pricing (price & output determination) 4. theory of factor pricing ( distribution) 5. theory of economic welfare
What is scope of macroeconomics?
The scope of Scope of Macro Economics can be studied in the following theories :- 1. Theory of National Income 2. Theory of Employment 3. Theory of Money 4. Theory of General Price Level 5. Theory of Economic Growth 6. Theory of International Growth .
When can theories be changed?
A theory will have to be given up when some observation is made within the scope of the theory that contradicts the theory. A new logical theory which encompasses or accounts for all observations made till date within its scope will have to be formulated.
What is economic theory another name for?
An economic theory is a theory that has to do with the production, distribution and consumption of goods and services.
What is describe by the VSEPR theory?
How atoms are arranged in a molecule.
Who propounded marginal productivity theory of distribution?
TAUSSIG
Discuss ricardian macro theory of distribution?
MMNMMMN
What has the author Tomasz Rolski written?
Tomasz Rolski has written: 'Order relations in the set of probability distribution functions and their applications in queueing theory' -- subject(s): Distribution (Probability theory), Probabilities, Queuing theory
What is the kinetic theory of matter for radiation?
kinetic theory of gas is defined with the help of maxwell distribution
What kind of distribution is exponential distribution?
Exponential distribution is a function of probability theory and statistics. This kind of distribution deals with continuous probability distributions and is part of the continuous analogue of the geometric distribution in math.
What is the Scope of population study?
The scope of population study is very broad. It is the "a quantitative study of the size, structure characteristics and territorial distribution of human populations and the changes occurring in them."
