Multiple Choice Questions on Which Economist divided Economics in two branches of micro and macro on the basis of economic activi........... for Common University Entrance Test (CUET) Preparation

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Multiple Choice Questions

Which Economist divided Economics in two branches of micro and macro on the basis of economic activi...........

Economics (CUET) Introduction to Micro economics
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    Which Economist divided Economics in two branches of micro and macro on the basis of economic activity?

    Marshall

    Incorrect Answer

    Ricardo

    Incorrect Answer

    Adam smith

    Incorrect Answer

    Ragnar Frisch

    Correct Answer
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    Explanation:

    Classification of Economics into two branches (Marco Economics and Micro Economics) was done by Ragnar Frisch. The term microeconomics and macroeconomics was first coined by a Norwegian economist, Ragnar Frich in 1993.

    By: Barka Mirza
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