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Economics Is Divided into Two Subfields: Microeconomics and Macroeconomics

question 168

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Economics is divided into two subfields: microeconomics and macroeconomics.Why is this separation necessary?


Definitions:

Own Enjoyment

The personal satisfaction or pleasure derived from engaging in an activity without any external pressures or rewards.

Achievement Motivation

A psychological construct that drives an individual to pursue and achieve goals.

High Standards

The expectation or requirement of a level of performance or quality that is above the norm.

Significant Accomplishments

Achievements that have had a major impact on an individual's career or the progress in a particular field or area.

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