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Bookmark or Share- Economics - WikipediaEconomics (/ ˌɛkəˈnɒmɪks, ˌiːkə -/) [1][2] is a social science that studies the production, distribution, and consumption of goods and services. [3][4] Economics focuses on the behaviour and interactions of economic agents and how economies work.
- 1.1 Defining Economics – Principles of Economics - Open Textbook LibraryEconomics is a social science that examines how people choose among the alternatives available to them. It is social because it involves people and their behavior. It is a science because it uses, as much as possible, a scientific approach in its investigation of choices.
- Economics Defined with Types, Indicators, and Systems - InvestopediaEconomics is a social science that focuses on the production, distribution, and consumption of goods and services. The study of economics is primarily concerned with...
- Is Economics a Science? - EconlibEconomics is a science in some ways but not others. At second glance, though, even the most fundamental scientific aspects of physics are more complicated than the ideal. Real life physics experiments can’t always be set up to test the key hypotheses.
- What is economics? - American Economic AssociationBelow, we’ve provided links to short articles that illustrate what economics is and how it connects to our everyday lives. 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.
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