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Principles of Macroeconomics (Mind...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781305971509

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BuyFindarrow_forward

Principles of Macroeconomics (Mind...

8th Edition
N. Gregory Mankiw
Publisher: Cengage Learning
ISBN: 9781305971509
Chapter 2, Problem 8QR
Textbook Problem
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What are the two subfields into which economics is divided? Explain what each subfield studies.

To determine
The subfields of economics.

Explanation of Solution

Microeconomics and macroeconomics are the two important branches or subfields of economics that divided some economic concepts.   Microeconomics is the study of how households and firms mak...

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