Monday, 30 December 2024

Economics

What is economics ?

Economics is a social science that studies how people use resources to meet their goals. It involves the study of how people make decisions, how those decisions affect society, and how to use resources to achieve the best outcomes. 

Economics covers a wide range of topics, including:
01) Production and consumption: How people and businesses produce and consume goods and services. 
02) Investment and savings: How people save and invest their money .

03) Government policy: How governments should tax and spend money, and how they should conduct monetary policy. 
04) International trade: How countries trade with each other .

05) Environmental issues: How economic activity affects the environment. 
06) Health: How economic factors affect health care markets.
Etc...... Economics?

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