Give economic term : A branch of economics which does microscopic study of the economy.
Q.1 (B) (ii) Give economic term : A branch of economics which does microscopic study of the economy.
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Answer: Micro economics
The word micro comes from the Greek word mikros meaning small. Micro economics studies the behaviour of individual units such as a consumer, a firm or an industry, i.e. a microscopic study of the economy.
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· 28 Oct 2026
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