What Does Economics Study?
Economics studies many things. In particular, the economy examines the production and distribution in a country, the amount consumed by the people in the country, consumption data, exchange and distribution, import and export activities between countries. Economics examines many things, not just a specific thing, and it is also related to the welfare level of countries. The branch of science that examines the level of welfare in a country is also economics. It is the science that examines the limitedness of existing resources and the unlimitedness of human needs.
Economy |