Study of Economics - Micro & Macro Economics
The study of economics is divided by the modern economists into two parts viz. Micro economics and Macro economics. This division is shown in the figure / chart above. Micro economics and Macro economics, both the terms were used in 1933 by Prof. Ragnar Frisch from Oslo University of Norway.The word micro has been derived from the Greek word `Mikros'
Wednesday, 10 November 2010
Microeconomics - Meaning Scope Features Uses Limitations
Posted on 07:06 by Unknown
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