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What is the study of economics?

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can anyone tell me what the study of economics is. S+E test coming up

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  1. Economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management. So basically economics is the study of goods and services and their relation to everyday life.

    Hope that helps!


  2. ALSO, ECONOMICS IS THE STUDY OF CHOICES PEOPLE AND BUSINESS HAVE TO MAKE FOR GOODS/SERVICES DUE TO SCARCITY.
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