Economics

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economics Economics assignment writing

About Economics

The study of the aspects that influence the income, its consumption and transfer, is Economics. It impacts a wide range of fields of study, like politics, geography, law and physical sciences. It also integrates math and statistics. The broad divisions of economics are micro and macro economics. Micro economics is the study of demand and supply and determination of prices.

Whereas, Macro economics is the study of the behavior of the whole economy, on a wider perspective, the Gross National Product (GDP), etc.

The study of economics helps you to understand its concepts and theories, apply the knowledge to a range of issues, and realize the possibility of getting more than one solution to an economic problem, by applying a variety of approaches.

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