Question

give three features or characteristics of Economics​

Answer 1

Answer: Some of the main characteristics of economics are as follows:

Micro in Nature: ...

Basis of Theory of Markets and Private Enterprises: ...

Pragmatic in Approach:

Micro in Nature: ...

Basis of Theory of Markets and Private Enterprises: ...

Pragmatic in Approach: ...

Normative in Nature: ...

Macro Analysis:

Answer 2

Answer:

• Micro in Nature: Business economics is micro-economics in nature. ...
• Basis of Theory of Markets and Private Enterprises: ADVERTISEMENTS: ...
• Pragmatic in Approach: Business economics is pragmatic in its approach. ...
• Normative in Nature: ...
• Macro Analysis:

Explanation:

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