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What is Economics?

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What is Economics?
  • 4 answers

Vanshita Manaktala 6 years, 9 months ago

Economics is a social science concerned with the production, distribution and consumption of goods and services. It studies how individuals, businesses, governments and nations make choices on allocating resources to satisfy their wants and needs

Arun Mishra 6 years, 9 months ago

Economics is all about making choices in the presence of scarcity.

Mritunjai Shukla 6 years, 9 months ago

According to Alfred Marshall,Economics is the study of mankind in the ordinary business of life.

Ritaba Nadeem 6 years, 9 months ago

Economics is the science of wealth
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