Which discipline studies the economy as a whole or its basic subdivisions or aggregates?

BlackTom题目解析

Question

Which discipline studies the economy as a whole or its basic subdivisions or aggregates?

BlackTom题目解析

BlackTom AI · Accepted Answer

The question asks: Which discipline studies the economy as a whole or its basic subdivisions or aggregates?

Option 1: Macroeconomics. This is the study of the economy in aggregate terms, such as national income, overall unemployment, inflation, and aggregate demand and supply. It directly answers the question about studying the economy as a whole or its major aggregates.

Option 2: Normative economics. This focuses on what the economy should be like or what actions should be taken, involving value judgments and prescriptions. It does not describe the scope of studying economy-wide aggregates, so it is not the correct identification for this question.

Option 3: Microeconomics. This branch examines individual units—consumers, firms, and markets for specific goods and services. It looks at how decisions are made at the smaller, market level rather than the economy-wide aggregates, making it incorrect for the prompt.

Option 4: Positive economics. This deals with objective statements about how the economy actually operates, describing and explaining economic phenomena without value judgments. While it can apply to macro or micro contexts, it does not define the field itself as the study of the economy in aggregate; hence it is not the best answer to the question asked.

In summary, option 1 directly matches the description in the prompt, whereas options 2, 3, and 4 describe other aspects or branches of economic thought that do not capture the overall, aggregate-focused study described.

Which discipline studies the economy as a whole or its basic subdivisions or aggregates? BlackTom题目解析

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