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From the national point of view which of...

From the national point of view which of the following indicates Micro Approach?

A

Per capital income in India

B

Study of sales of TISCO

C

Inflation in India

D

Education Unemployment in India

Text Solution

Verified by Experts

The correct Answer is:
B
Microeconomics is a branch of economics that studies the behavior of individuals and firms in making decisions regarding the allocation of limited resouces. Typically, it applies to markets where goods of services are bought and sold. This is in contrast to macroeconomics, which involves the "sum total of economic activity, dealing with the issues of growth, inflation, and unemployment." So study of scles of TISCO will come under microeconomics.
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