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Meso Economics is  A. Study of economy firms  B. Study of economics ofIndustry  C. Study of economics of theCountry  D. Study of economics ofIndividual

Question

Meso Economics is

  • A. Study of economy firms
  • B. Study of economics of Industry
  • C. Study of economics of the Country
  • D. Study of economics of Individual
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Solution

Understanding Meso Economics

Meso Economics is often confused with other branches of economics, primarily due to its positioning between Micro and Macro economics. To clarify:

  1. Definition: Meso Economics is primarily concerned with the analysis at a regional level or refers to the study of economic structures and behaviors that occur within intermediate aggregates such as industries or groups of businesses.

  2. Options Analysis:

    • A. Study of economy firms: While this relates to certain aspects, it does not capture the broader scope of meso economics.
    • B. Study of economics of Industry: This option accurately reflects the focus on industries, making it a strong candidate.
    • C. Study of economics of the Country: This falls under macroeconomics, not meso economics.
    • D. Study of economics of Individual: This pertains to microeconomics.

Conclusion

Considering the definitions and contexts:

  • The correct answer is B. Study of economics of Industry.

This captures the essence of Meso Economics, which deals with economic studies at the level of industries and sectors, fitting between the individual and national scales.

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