Every day you will get to know details about various aspects of economy join our website.What is the study of economics? Types of economics? Microeconomics, what is Investment? What is Unemployment? Types of Unemployment, Types Of Inflation, Causes of Inflation, What is Market? Different types of Market, Monopoly, Oligopoly, duopoly, Perfect competition Market, Walras' Law, Different types Economics law? Adam Smith law, What is Tax? Different types of Tax.What is vat? What is GST? What is GDP?
What is Economics?
Economics is the study of how societies use scarce resources to produce and deliver the valuable goods in order to fulfill the unlimited wants of the people.
posted by Economics @ January 28, 2023
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What is Microeconomics?
Microeconomics deals with the behavior of individuals, firms and households and how they make decisions.
Microeconomics deals with how an individual makes decisions about himself and his family and how he makes decisions about their consumption . Also, microeconomics deals how the firm produces the goods and services used by scarce resources and how these goods and services are distributed and used.
Labels: Economics tips, Economics Tutorials
posted by Economics @ January 28, 2023
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