Discover the essential differences between microeconomics and macroeconomics, including their scope, concepts, and real-world ...

Microeconomics can be math-intensive. Fundamental microeconomic assumptions about scarcity, human choice, rationality, ordinal preferences, or exchange do not require advanced mathematical skills.

The Economics paper is divided into sections Microeconomics and Macroeconomics. Both the sections carry 40 marks each. The total marks of the theory exam is 80 marks and 20 marks are scheduled for the ...