1. Define the subject matter of economics.
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Economics is a subject that studies about different variables that prevails in the economy both at macro as well as micro level. At micro level it deals with individual variables like consumer or producer and how they influence the market.
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Answered by
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Answer:
Economics is a subject that studies about different variables that prevails in the economy both at macro as well as micro level. At micro level it deals with individual variables like consumer or producer and how they influence the market.
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