In simple words how we can define economics ?

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and nations m...

The study of economics helps people understand the world around them. It enables people to understand people, businesses, markets and governments, and therefore better respond to t...

the term economics means in which we study demand and supply conditions in relation to production, consumption, distribution of commodities in a given accounting year.

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 o...