Question

write about two branches of Economics

Answer 1

An economy is a system whereby goods are produced and exchanged. Without a viable economy, a state will collapse. There are three main types of economies: free market, command, and mixed. The chart below compares free-market and command economies; mixed economies are a combination of the two.

Answer 2

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TWO BRANCHES OF ECONOMIC ARE.....
❤#MICROECONOMIC. ...
is it that part of economic theory which studies behaviour of individual units of an economy

❤#MACROECONOMIC. ...is that part of economic theory which study is a behaviour of aggregates of the economy as a whole .

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