Economics is a study of

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Economics studies all aspects of people's behavior, resource scarcity, and decision making. It is an interdisciplinary field that draws on various concepts, theories, and methodologies from social sciences, mathematics, and statistics to analyze and understand how individuals, businesses, and governments allocate scarce resources to satisfy unlimited wants and needs. Therefore, it encompasses a wide range of topics and issues that affect human welfare, such as production, consumption, distribution, trade, employment, inflation, growth, development, inequality, poverty, and environmental sustainability.

Economics Is a Study of