Question

$\red{what \: is \: economics}$​

Answer 1

Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal decisions. ... Scarcity means that human wants for goods, services and resources exceed what is available.

$\large\red{\bold{hope \: it's \: helps \: you}}$

Answer 2

Answer:

the branch of knowledge concerned with the production, consumption, and transfer of wealth.

2.

the condition of a region or group as regards material prosperity.