WBCS.LIVE practice question

Is defined as the study of behaviour of individual decision-making units, such as consumers, resource owners and firms.

Solve this multiple-choice question and check the correct answer with its explanation below.

Answer options

  1. Microeconomics
  2. Macroeconomics
  3. Health economics
  4. Econometrics

Correct answer and explanation

Correct answer: Microeconomics