State the two'nature of economics
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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.
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The two nature of economics
(i) Economics is also a systematic study of knowledge and facts. All the theories and facts related with both micro and macro economics are systematically collected, classified and analyzed. (ii) Economics deals with the correlation-ship between cause and effect
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