Inflation hits the common man the most. Which branch of economics tries to find solution of this problem?
Dear Student,
The problem of inflation is studied under macroeconomics. That is, macroeconomics helps in understanding and solving the problem of inflation in the economy. But in the above case as problem is concerned with individual units i.e. common man, thus microeconomics will find the solution of this problem.
Keep Posting!!
The problem of inflation is studied under macroeconomics. That is, macroeconomics helps in understanding and solving the problem of inflation in the economy. But in the above case as problem is concerned with individual units i.e. common man, thus microeconomics will find the solution of this problem.
Keep Posting!!