Which of the following is not studied in micro economics?
Options
AFactor pricing
BLocation of Industry
CConsumer Behaviour
DExternal value of currency
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Introduction to Business EconomicsMTP Dec 22Question 606 of 209
All Questions Correct Answer
✅ Option d — External value of currency
All Options:
- AFactor pricing
- BLocation of Industry
- CConsumer Behaviour
- DExternal value of currency
About This Chapter: Introduction to Business Economics
Paper
Paper 4: Business Economics
Weightage
5%
Key Topics
Meaning, Scope, Price Mechanism
This chapter lays the groundwork for understanding Business Economics as a discipline. It covers the meaning, scope, and nature of economics — including key distinctions like Microeconomics vs Macroeconomics, Positive vs Normative economics, and the fundamental economic problem of scarcity. Students learn how businesses use economic principles for decision-making in a competitive marketplace.
View Official ICAI SyllabusExam Strategy Tip
Focus on definitions and distinctions between concepts. Questions often test whether you understand the difference between Micro and Macro, or Positive and Normative statements.
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