Economics Chapter 1

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Across
  1. 2. deals with General equilibrium.
  2. 4. Microeconomics is in fact a -----study of the economy.
  3. 5. Paribus means based on certain assumptions.
  4. 8. Microeconomics has ----scope.
  5. 9. Theory of -----basically deals with efficiency in allocation of resources.
  6. 11. ----method is the study of the whole economy rather than its part.
  7. 13. The term Micro is derived from the ---word.
Down
  1. 1. Macroeconomics is the study of -----.
  2. 3. Ragnar Frisch ____the term Micro and macroeconomics.
  3. 6. -----is the balance between two factors.
  4. 7. Macroeconomics studies the ----theory.
  5. 10. Four factors of production.
  6. 12. The ---- of a individual commodity is determined by the market forces of demand and supply.