Advertisement Remove all ads

Do You Agree with the Following Statement? Give Reason. Macro-economics Deals with the Study of Individual Behavior. - Economics

Answer in Brief

Do you agree with the following statement? Give reason.

Macro-Economics deals with the study of individual behavior.

Advertisement Remove all ads


The above statement is not correct as macroeconomics is that branch of economics which deals with the study of aggregates covering the entire economy. It is concerned with total employment, national income, national output, aggregate demand, aggregate supply, aggregate consumption and savings, total investment etc. On the other hand, microeconomics deals with the study of individual behaviour.

Concept: Allocation of Resource and Economic Variable
  Is there an error in this question or solution?
Advertisement Remove all ads


Micheal Vaz Economics HSC 12th Standard Maharashtra State Board
Chapter 8 Introduction to Macro Economics
Exercise | Q 1.2 | Page 69
Advertisement Remove all ads
Advertisement Remove all ads

View all notifications

      Forgot password?
View in app×