Question

define economics and its catagories.​

Answer 1

Answer:

Two major types of economics are microeconomics, which focuses on the behavior of individual consumers and producers, and macroeconomics, which examine overall economies on a regional, national, or international scale. ... Capitalism, socialism, and communism are types of economic systems.

Answer 2

Answer:

Two major types of economics are microeconomics, which focuses on the behavior of individual consumers and producers, and macroeconomics, which examine overall economies on a regional, national, or international scale. Capitalism, socialism, and communism are types of economic systems.

Two major types of economics are microeconomics, which focuses on the behavior of individual consumers and producers, and macroeconomics, which examine overall economies on a regional, national, or international scale. Capitalism, socialism, and communism are types of economic systems.Explanation:

There are four different types of Economic Systems; a traditional economy, a market economy, a command economy, and a mixed economy.A