Question

Definition of economics of class 11th​

Answer 1

Answer:

Economics means about the money,it's balance and how to improve them...

Adam Smith is the father of economics

Hope it will help you

Have a nice day

Answer 2

Economics

economics is a subject that cannot only be termed as social science but can also be said to possess the power to explain the working the economy.

Economics is a science that studies human behavior which aims at allocation of scarce resources in such a way that consumer can maximise their satisfaction, producers can maximise their profits and society can maximise its social welfare. It is about making choice in the presence of scarcity.

I hope it help you ❤️