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Question
The terms of Micro Economics and Macro Economics were coined by Norwegian Economist ______.
Options
Adam Smith
J.M. Keynes
J.B. Say
Ragnar Frisch
MCQ
Fill in the Blanks
Solution
The terms of Micro Economics and Macro Economics were coined by Norwegian Economist Ragnar Frisch.
Explanation:
The terms Micro economics and Macro economics were coined by Norwegian economist Ragnar Frisch in 1933. He was also one of the first economists to develop econometrics and was awarded the first Nobel Prize in Economic Sciences in 1969.
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