what are diffrt kinds of economics?

Answer 1

yup macro and micro , micro deals with indicidual household and firms whereas macro looks at the economy as a whole.

Answer 2

Economics teaching is divided into three main areas: micro, macro, and econometrics.

Within economics, there are many competing theories to explain the behavior we observe in the world. Examples of these include Marshallian, Austrian, Keynesian, and monetarist. You can pick up a copy of The Worldly Philosophers from the library to learn more about the history of these ideas.

Answer 3

Economics is usually divided into two main branches:

* Microeconomics examines the economic behaviour of individual actors such as businesses and households with a view to understand decision making in the face of scarcity and the economic consequences of these decisions on other actors.
* Macroeconomics examines an economy as a whole with a view to understanding the interaction between economic aggregates such as national income, employment and inflation. Note that general equilibrium theory combines concepts of a macro-economic view of the economy, but does so from a strictly constructed microeconomic viewpoint.

Attempts to join these two branches or to refute the distinction between them have been important motivators in much of recent economic thought, especially in the late 1970s and early 1980s. Today, the consensus view is arguably that good macroeconomics has solid microeconomic foundations. In other words, its premises ought to have theoretical and evidential support in microeconomics. Some authors (e.g. Kurt Dopfer and Stuart Holland) also argue that 'mesoeconomics', which considers the intermediate level of economic organization such as markets and other institutional arrangements, should be considered a third branch of economic study.[citation needed]

Economics can also be divided into numerous sub-disciplines that do not always fit neatly into the macro-micro categorization. These sub-disciplines include: international economics, labour economics, welfare economics, neuroeconomics, information economics, resource economics, ecological economics, environmental economics, managerial economics, financial economics, urban economics, mathematical economics, development economics, industrial organization, retail economics, war economics, public finance, agricultural economics, transport economics, media economics, monetary economics, economic history, economic psychology, economic sociology, economic anthropology, economic archaeology, institutional economics, forensic economics, and economic geography.

Answer 4

The two I'm aware of are macro and micro... sorry wish I remembered more from class!