The Branch of Economics That Focuses on the Conduct of Affairs

question 42

Multiple Choice

The branch of economics that focuses on the conduct of affairs within narrowly defined units, such as households or business firms, is called:

• A)​macroeconomics.
• B)​microeconomics.
• C)​socioeconomics.
• D)​applied economics.

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Definitions:

Biological Psychology

The scientific study of the links between biological (genetic, neural, hormonal) and psychological processes. Some biological psychologists call themselves behavioral neuroscientists, neuropsychologists, behavior geneticists, physiological psychologists, or biopsychologists.

Neurology

The branch of medicine dealing with disorders of the nervous system, including the brain, spinal cord, and nerves.

Cognitive Psychology

The study of mental processes, such as occur when we perceive, learn, remember, think, communicate, and solve problems.

Biological Psychology

A branch of psychology that explores the connections between biological processes and psychological states.