Economics can be divided into two main branches of study:
A)capitalism and communism.
B)capitalism and socialism.
C)demand and supply.
D)microeconomics and macroeconomics.

Question

Economics can be divided into two main branches of study:
A)​capitalism and communism.
B)​capitalism and socialism.
C)​demand and supply.
D)​microeconomics and macroeconomics.

Quizplus · Accepted Answer

Economics can be studied in two main ways: microeconomics, which studies the decisions made by individuals and firms, and macroeconomics, which studies the overall performance of the economy. A, B, and C are not accurate divisions of economics as both capitalism and socialism can be studied within either micro or macroeconomics, and demand and supply are concepts studied within both branches.

Economics Can Be Divided into Two Main Branches of Study