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Modern economists extended Economics' subject matter to include:
ABanking, Insurance, Stock Market, Real Estate
BSociology, Psychology, Anthropology, Political Science
CStatistics, Mathematics, Game Theory, Operations Research
DEmployment, Income, Planning and Economic Development, International Trade
Answer & Solution
Correct answer: D. Employment, Income, Planning and Economic Development, International Trade
1. Per OCR: "Modern economists extended the subject matter of economics. They added some other concepts to the different dimensions of economics. They are: (a) Employment (b) Income (c) Planning and Economic development (d) International trade."
2. Reflects 20th-century concerns.
3. Broader than the classical four (Consumption/Production/Exchange/Distribution).
_Source: ICMAI BoS CMA Foundation Paper 4 (FBEM) — Paper4_07042026.pdf, Module 1 §1.1 (page 13)_
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