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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 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


Discuss ricardian macro theory of distribution?

MMNMMMN


Who propounded marginal productivity theory of distribution?

TAUSSIG


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 distribution channel?

Scope of distribution channel its gives the detail structure of how goods passed from manufacture to distributor/retailers. Here we will come to now about the market format to pass the product at different level to reach the goals as well as to full fill the needs of the consumer.


WHAT IS the term for the philosophical theory of knowledge?

The philosophical term for theory of knowledge is epistemology.


Scope of the public distribution in india?

The public distribution system of India is a food security system. It distributes subsidized food non-food items to the poor of India.