Economics

Economics is a social science that examines how individuals, firms, and societies choose to allocate scarce resources with the aim of satisfying unlimited wants.

Economics is a social science that examines how individuals, firms, and societies choose to allocate scarce resources with the aim of satisfying unlimited wants. Economics encompasses a wide range of topics, including markets, money, trade, unemployment, inflation, economic growth, and development. There are two main branches of economics: microeconomics and macroeconomics.

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