Answer to Question #273808 in Economics for Bijeta

Question #273808

What is economics?it's nature ,scope?

Expert's answer

Economics is defined as the social science that deals with the production, distribution, and consumption of goods and services. The nature and scope of economics depend upon the interaction of economic agents and how economies work.

Learn more about our help with Assignments: Economics

Comments

No comments. Be the first!

Leave a comment

Related Questions

1. Who are the poor, and what are their characteristics?
2. The productivity of labour has increased twice. What will happen with the volume of output, value of
3. A worker gets wages (salary) from a capitalist. What function will money play in this case? What fun
4. Us antitrust laws are too restrictive. Is this a normative or positive economics?
5. Market equilibrium price of white sugar is Rs. 190.00 per Kg. but government impose a maximum price
6. Consider an economy with two industries. The information technology industry sells $60 of services t
7. Discuss how changes in demand can change equilibrium price

Who Can Help Me with My Assignment

There are three certainties in this world: Death, Taxes and Homework Assignments. No matter where you study, and no matter…
How to Finish Assignments When You Can’t

Crunch time is coming, deadlines need to be met, essays need to be submitted, and tests should be studied for.…
How to Effectively Study for a Math Test

Numbers and figures are an essential part of our world, necessary for almost everything we do every day. As important…