Question

Complete the correlation:

1. Macro economic theory : Income and employment:: Micro economics : …………

2. General equilibrium : Macro economics :: ………… : Micro economic 

3. Macro Economics : Large :: Micro Economics : ………

4. Classical Economist: …… Neoclassical Economist: Prof. Alfred Marshall J

5. Prof. Alfred Marshall : Principles of Economics :: ……… : General theory of Employment, Interest and Money

6. Study of Individual unit: ………… :: Study of aggregates : Macro economics

7. Theory of Economic welfare : Scope of Micro economics :: ………… : Scope of Macro economics

8. Land: Rent:: ……… : Wages

9. Capital: ………… :: Entrepreneur : Profit 

10. ………… : Demand and Supply Analysis :: Theory of Income and employment : Consumption and Investment function 

11. Macro economics : Entire economy :: Micro economics: …………… 

12. Study of the whole economy : Lumping ’ method ::

Answer 1

1. Price theory 

2. Partial equilibrium 

3. Small

4. Adam Smith 

5. Maynard Keynes 

6. Micro economics 

7. Theory of Economic growth and development 

8. Labour 

9. Interest 

10. Theory of Product Pricing 

11. Small part of economy 

12. Slicing method