Explain the features of Economics .
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It is concerned with concept such as Aggregate Demand, Aggregate Supply, Total Output, General Price Level, National Income, etc. 2. ... It uses method of lumping to deal with macro variables such as aggregate supply and demand, national output ,etc. Macroeconomics uses lumping method for the purpose of economicstudy.
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- micro micro in nature
- basic basic of theory of market and private enterprises
- nominated in nature
- pragramatic in approcach .
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