Which discipline studies the decision-making process of customers, workers, households, and business firms on an individual basis rather than as aggregates?

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Which discipline studies the decision-making process of customers, workers, households, and business firms on an individual basis rather than as aggregates?

BlackTom题目解析

BlackTom AI · Accepted Answer

The question asks which discipline studies the decision-making process of customers, workers, households, and business firms on an individual basis rather than as aggregates.
Option 1: Macroeconomics. This field examines the economy as a whole, focusing on aggregate indicators like GDP, unemployment rates, inflation, and overall economic growth. It does not analyze individual decision-making processes in isolation.
Option 2: Microeconomics. This discipline analyzes the behavior of individuals and firms making decisions at the level of households and firms, including how they allocate limited resources, price formation, and individual demand and supply decisions. This aligns precisely with studying decision-making on an individual basis rather than aggregates.
Option 3: Negative economics. This term is not a standard branch of economics; it could be interpreted as a critical or pessimistic view, but it does not denote a formal field that studies decision-making processes in the way described.
Option 4: Positive economics. This refers to the factual, descriptive analysis of economic phenomena without value judgments. While it describes what is, it is not specifically defined as the study of decision-making at the individual level, and it does not contrast with the aggregate focus emphasized in the question.
In summary, the description provided in the question corresponds to microeconomics, which focuses on individual agents and their choices rather than aggregates.

Which discipline studies the decision-making process of customers, workers, households, and business firms on an individual basis rather than as aggregates? BlackTom题目解析

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