Correct Answer: Both statements 1 and 2 are true.

Solution : The correct answer is (c) Both statements 1 and 2 are true.

Statement 1 is true: Macroeconomics indeed focuses on studying the aggregate level of economic activity. It examines variables such as Gross Domestic Product (GDP), inflation, unemployment, and overall economic growth. Macroeconomics seeks to understand the behavior of the economy as a whole and the factors influencing its performance.

Statement 2 is also true: Microeconomics analyzes the behavior of individual consumers and producers in the market. It examines how households and firms make decisions regarding consumption, production, pricing, and resource allocation at the individual level. Microeconomics focuses on understanding the forces of supply and demand and how they interact to determine market outcomes.

Therefore, both statements 1 and 2 are true.

Correct Answer: Both A and R are true and R is the correct explanation of A.

Solution : The study of macroeconomics and microeconomics complement one another.
It is impossible to argue that one strategy is better than another. Hence, the correct option is 1.

Correct Answer: Both statements 1 and 2 are true.

Solution : The correct answer is (c) Both statements 1 and 2 are true.

Statement 1 is true: Microeconomics indeed focuses on the study of individual economic agents, such as households and firms, and their behavior in making economic decisions.

Statement 2 is also true: Macroeconomics focuses on the study of the overall performance and behavior of the economy as a whole. It analyzes aggregate variables such as inflation, unemployment, GDP growth, and fiscal and monetary policies.

Therefore, both statements are true and provide accurate descriptions of the scope and focus of microeconomics and macroeconomics, respectively.

Correct Answer: The principle of national income.

Solution : The correct answer is The principle of national income.

The study of macroeconomics is closely tied to the concept of national income. Macroeconomics is a branch of Economics that deals with the overall performance, structure, behaviour, and decision-making of an economy as a whole. National income represents the total value of goods and services produced within a country's borders over a specific period, usually a year.

Correct Answer: Economic growth

Solution : The correct answer is (d) Economic growth.

Macroeconomics focuses on the behavior and performance of an entire economy. It examines aggregate variables and phenomena that affect the overall economy as a whole. Economic growth, which refers to the increase in a country's total output of goods and services over time, is a key topic studied in macroeconomics. Macroeconomics analyzes the factors that contribute to economic growth, such as changes in technology, investment, productivity, and the accumulation of capital. It investigates the determinants of long-term economic growth and explores policies that can promote sustainable and robust economic growth at the national level.

hello kanishka shivran

I hope you are doingn good. With referencde to your query , I would glad to aware you that course structure of bsc honors is made in taking consideration of all major specialised fields of economics one of which most important is macro-economics. So you have to study syllabus of all semesters but you can personally specialised you in the field of macro to get a job in that field

Hope you found this answer helpful. Good luck for your future

hello  uniktechz,

it is mostly depends on author who wrote or published that book for example if a book is wrote on the mindset or topics related to 11th and 12th so its only for 11th and 12th but if you get graduation micro and macroeconomics book you can get more information in that and it may difficult you to understand .it is mainly depends on the author.