economics
/ˌiːkəˈnɒmɪks,ˌɛkəˈnɒmɪks/
noun
- the branch of knowledge concerned with the production, consumption, and transfer of wealth.
- the condition of a region or group as regards material prosperity."he is responsible for the island's modest economics"
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Economics is a social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and ...
Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time.
Economics can be defined in a few different ways. It's the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It often involves topics like wealth and finance, but it's not all about money.
Economics is a branch of social science focused on the production, distribution, and consumption of goods and services.
Economics is the science which studies human behavior as a relationship between given ends and scarce means which have alternative uses.
Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses. - Lionel Robbins. Economics ...
02-Jan-2025 · 1. a : a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services
the study of the way in which economies work, for example, the way in which they make money and produce and distribute goods and services:.
Economics is the study of how people and society choose, with or without the use of money, to employ scarce productive resources which could have alternative ...
“Economics is the science which studies human behaviour as a relationship between ends and scarce means which have alternative uses1.