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What is the study of behavior and decision making of an entire economic system called?
Wiki User
∙ 13y ago
Macroeconomics.
Wiki User
∙ 13y ago
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Why microeconomics is the study of the behavior of entire economy?
Microeconomics is consider as the study of the behavior of entire economy.Cause it examines the economy as a whole,so to say microscopically which analyses the behavior of indevedual economic units of the economy,their entire relationships and equilibrium adjustment to each-other.That determines the allocation of the resources in the society.
Branches of economics?
The branches of economics are Microeconomics and Macroeconomics.Microeconomics - ("small" economics), which examines the economic behavior of agents (including individuals and firms) and;Macroeconomics - ("big" economics), addressing issues of unemployment, inflation, monetary and fiscal policy for an entire economy.
What is entire period of economic growth followed by slowing or declining?
A business cycle
What is the Role of mathematical tools in economic analysis on both micro economic and macro economic?
Microecomics refer to the study of individual business unit that make up an industry where as macroeconomics is the study of the entire industry in an economy.
Whats called when the government controls the entire economy?
When the government controls the entire economy, it is called a centrally planned economy.
Why microeconomics is the study of the behavior of entire economy?
Microeconomics is consider as the study of the behavior of entire economy.Cause it examines the economy as a whole,so to say microscopically which analyses the behavior of indevedual economic units of the economy,their entire relationships and equilibrium adjustment to each-other.That determines the allocation of the resources in the society.
What is Political decision-making extended to the entire citizenry is called?
Direct Democracy
What was the name of the UK during the Roman occupation?
the entire UK was called Britannia by the Romans.the entire UK was called Britannia by the Romans.the entire UK was called Britannia by the Romans.the entire UK was called Britannia by the Romans.the entire UK was called Britannia by the Romans.the entire UK was called Britannia by the Romans.the entire UK was called Britannia by the Romans.the entire UK was called Britannia by the Romans.the entire UK was called Britannia by the Romans.
The entire group of people are animals in which a researcher is interested?
Behavior
The concept that every member of Parliament stood for the interests of the entire empire was called representation?
The concept that every member of Parliament stood for the interests of the entire empire was called virtual representation. The essential idea of virtual representation is that one can be represented by a decision-making process without being able to vote.
Branches of economics?
The branches of economics are Microeconomics and Macroeconomics.Microeconomics - ("small" economics), which examines the economic behavior of agents (including individuals and firms) and;Macroeconomics - ("big" economics), addressing issues of unemployment, inflation, monetary and fiscal policy for an entire economy.
Systems biology is mainly an attempt to?
Understand the behavior of entire biological systems.
What is a condition that effects the entire body called?
Anything that affects the entire body is called "Systemic" meaning the entire system.
What is entire period of economic growth followed by slowing or declining?
A business cycle
Where exactly is the Chicago Metro located?
The Chicago Metro is the entire city of Chicago including its suburban areas. It is also called Chicagoland. It is linked to the city through economic and cultural ties.
Why could the entire US be called a state?
Why could the entire US also be called a state?
When the US Constitution established that the entire nation was a unified or common market how was the economy affected?
When the U.S. Constitution established that the entire nation was a unified or common market, the economic effect was that there were no internal tariffs or taxes on interstate commerce. Increased trade between the states led to economic growth for the entire nation.
