Question

What is economics? ​

Answer 1

Answer:

Economics is concerned with the creation, consumption, and transfer of wealth. The study of economics encompasses the major areas of microeconomics, which explores how people and firms produce and consume goods and services, and macroeconomics, which explores mass economic progress and inter-country trade.

Answer 2

Answer:

Economics is the social science that studies how people interact with scarce resources, in particular the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work.

Explanation:

please mark as brainliest