Branches of economics
Branches of economics 1. Classical economics. Classical economics is often considered the foundation of modern economics. It was developed by... 2. Neo-classical economics. Key people: Leon Walrus, William Jevons, John Hicks, George Stigler and Alfred...
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• Macroeconomics – branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole, rather than individual markets.• Microeconomics – branch of economics that studies the behavior of individuals and...
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WebLearn about the different branches of economics, each one studying a specific aspect of the economy and its interactions with other factors. Find out how behavioural, ecological, health, information, international, …
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The two branches of economics are microeconomics and macroeconomics. Economics focuses on efficiency in production and exchange. Gross Domestic Product (GDP) and the Consumer Price …
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Public economics is the field of economics that deals with economic activities of a public sector, usually government. The subject addresses such matters as tax incidence (who really pays a particular tax), cost-benefit analysis of government...
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WebLearn about the two major branches of economics: microeconomics and macroeconomics, and their applications in various fields such as agriculture, development, environmental, and finance. Find out how …
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Economics, social science that seeks to analyze and describe the production, distribution, and consumption of wealth. Economics was formerly a hobby of …
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WebThe subjects (actors) in economic study are households, business companies, the government (the state), and foreign countries. Households offer their "factors of …
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WebMicroeconomics is the branch of economics that focuses on the choices made by individual decision-making units in the economy—typically consumers and firms—and …
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WebThe Handbooks in Economics series provides the various branches of economics with definitive reference sources, suitable for use by professional researchers, advanced …
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