Question

what do you mean by economics ​

Answer 1

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

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Answer 2

In its most simple and concise definition, economics is the study of how society uses its limited resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services. ... Macroeconomics - the branch of economics that studies the overall working of a national economy.