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Q1 L2: Branches of the Social Sciences
Economics
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this is the study of how societies/individuals choose how to use and manage resources in order fulfill their wants and needs
economics
what are the two branches of economics
macroeconomics
,
microeconomics
this is the study of economics in a larger scale
macroeconomics
this study of economics focuses on the effects of decisions made by large groups such as countries and corporations
macroeconomics
this is the study of economics that deals with the effects and factors of individual economic decision
microeconomics
enumerate the six areas of studies of economics
labor economics
,
international economics
,
agricultural economics
,
environmental economics
,
industrial economics
,
developmental economics
this study of economics focuses to explain the function of work of human beings in exchange for wages
labor economics
this area of economics focuses on employee relations at work and the effects of unemployment
labor economics
the area of economics that studies international factors that influences the domestic conditions
international economics
this area of economics studies the flow of money in the industry in both international and domestic concern
international economics
this branch studies the consequences of investment, migration, trade, and interaction of transactions
international economics
this branch is also knows as agrinomics
agricultural economics
this branch covers crops, land use, environment, agri-policy, ecosystem, etc.
agricultural economics
this branch covers pollution, solid waste management, global warming, toxic substances, etc
environmental economics
this branch studies the benefits of local and environmental strategies around the globe
environmental economics
this branch covers industries such as markets, shops, electricity restaurants, plantation, etc
industrial economics
this branch studies the processes of advertising, research on matters of sales and investments, and price setting
industrial economics
this branch studues the regulation of profits, advertisement, and product pricing
industrial economics
this branch promotes the economic growth of developing countries
developmental economics
this branch helps promote the improvement of education, work, market conditions, policies, and health for international growth
developmental economics
this greek term refers to household management
economics
father of
economics
adam smith