Mr Skund Kumar wants to study the national income Which branch of economics will he have to study ........

Mr. Skund Kumar wants to study the national income. Which branch of economics will he have to study?

Microeconomics

Price theory

Factor price determination

Macroeconomics

- Microeconomics: Focuses on individual units, like households and firms, not suitable for studying national income.

- Price theory: Related to how prices are determined in the market, rather than overall income.

- Factor price determination: Deals with how the prices of production factors are set, not directly about national income.

- Macroeconomics: This studies the economy as a whole, including national income, making it the right choice for Mr. Skund Kumar.

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