BRANCHES OF ECONOMICS.
Hey Guyz, Happy Last day of
the week. Happy Friday, It’s a beautiful day don’t you agree?. Am just too
grateful for life and Beauty.
Let’s get straight to
work.
Economics can be grouped
into two major groups namely: Micro- Economics and Macro- Economics.
MICRO-ECONOMICS.
Micro- Economics refers to
the branch of economics that deals with smaller units/components of the
economy. It is the branch of economics that studies the economic actions of
individuals, firms and governments. It relates to cost, output, production,
pricing...
