what is economics? explain it.
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Economics is the scientific study of the ownership, use and exchange of scarce resources.
It is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations.
Hope this helps you...
Economics is the scientific study of the ownership, use and exchange of scarce resources.
It is regarded as a social science because it uses scientific methods to build theories that can help explain the behaviour of individuals, groups and organisations.
Hope this helps you...
japhansra493:
thnx
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