FALLACY OF DIVISION: The logical fallacy of arguing that what is true for the whole is also true for the parts. In the study of economics, this takes the form of assuming that what works for the aggregate, or macroeconomy, also works for parts of the economy, such as households or businesses. The contrasting fallacy that you should check out is the fallacy of composition. See also | fallacy | macroeconomics | microeconomics | business | household | fallacy of composition | fallacy of false authority | fallacy of false cause | fallacy of mass appeal | fallacy of personal attack | normative economics | positive economics |
