what is economics?... don't spam!!
Answers
Answer:
Economics is the branch of knowledge concerned with the production, consumption, and transfer of wealth.
Step-by-step explanation:
Economics is the social science that studies how people interact with value; 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.
What is economics ?
Economics is "the social science that studies the production, distribution, and consumption of goods and services." Economics focuses on the behaviour and interactions of economic agents and how economies work.
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What is economics in simple words?
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.