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why do we economic study?

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why do we economic study?

Posted by Ritik Shrivastav 7 years, 4 months ago

CBSE > Class 11 > Economics

3 answers

Sakshi Sharma ??️??️??️ 7 years, 4 months ago

Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. Behind this definition are two key ideas in economics: that goods are scarce and that society must use its resources efficiently.

Rupal Rajoriya 7 years, 4 months ago

Economic us concerned with the study and solution of economic problems in a manner such that the individuals can maximize their gains and the society as whole is able to maximise its social welfare

Ritik Shrivastav 7 years, 4 months ago

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