What is economic? Which are the branches of economics
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The two main branches of economics are microeconomics and macroeconomics. Macroeconomics
Economic analysis is usually divided into two main branches, microeconomics and macroeconomics. Microeconomics studies how individual people and businesses function in specific situations, while macroeconomics studies how the entire economy of a nation, or even of the world, functions.
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It analyzes the production, distribution, and consumption of goods and services. It aims to explain how economies work and how economic agents interact. The two main branches of economics are microeconomics and macroeconomics.
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