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Macroeconomics and Microeconomics
Hakim Kesi
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∙ 12y agomicro and macro economics
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What are two subfields into which economics is divided and explain it?
The two subfields of economics are positive statements and normative statements.
What are two divisions of economics?
Macro-economics and micro-economics are these two divisions.
What is the 2 division of economics?
Microeconomics and macroeconomics is the two division of economics.
Who coined the terms Micro Economics and Macro Economics?
Ranger Frisch coined these two terms in 1933.
What are the two types of economics?
In a beginning course in economics, which I've taught by the way, students would that economics is broken into to two main areas. One is called 𝘮𝘪𝘤𝘳𝘰𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤𝘴 and the other is called 𝘮𝘢𝘤𝘳𝘰𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘤𝘴. Basically, one looks at the smaller picture while the other looks at the larger picture.
What are two subfields into which economics is divided and explain it?
The two subfields of economics are positive statements and normative statements.
What are the two large fields into which economics is divided?
Microeconomics and macroeconomics.
What are the two major subfields of International Relations?
International security and international economy
Major what of geography include physical geography and human geography?
subfields
What are two divisions of economics?
Macro-economics and micro-economics are these two divisions.
What do the election of 2004 and 2008 show about America?
They did not agree on war and Economics.
