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Scope and limitations of microeconomics

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Scope and limitations of microeconomics

Posted by Dhiraj Ahuja 7 years, 2 months ago

CBSE > Class 11 > Economics

1 answers

Chesta Pawan Manchanda 7 years, 2 months ago

Limitations of microeconomics: a) non-existent economic system b) unrealistic assumption c)study of parts only d) indequate and misleading Scope of microeconomics: a) allocation of resources for the production of goods and services b) efficient distribution of goods and services Hope it may help you if you don't get any point then tell me I will explain the concept

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