What does economics study?

Question

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Economics studies how society manages its scarce resources, including the production, distribution, and consumption of goods and services. The field also includes the study of how individuals and organizations make decisions about resource allocation, and how government policies can affect these decisions. Economics covers a wide range of topics, from macroeconomics (the study of the economy as a whole) to microeconomics (the study of the behavior of individual consumers and firms).

What Does Economics Study