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what is meant by economics

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what is meant by economics
  • 3 answers

Neetu Singh 5 years, 10 months ago

Economics is a science of human behavior concerned with allocation of scarce resources/means in such a manner that consumers can maximise their satisfaction, producers can maximise their profits and the society can maximise its social welfare

Harshil Chhajer 5 years, 10 months ago

Economics is the study of choice and decision making in a world with limited resources

Bhavi Golchha 5 years, 10 months ago

economics is a surrounding where people work to earn their livehood.
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