2006-11-13 06:15:23 · 4 answers · asked by Anonymous in Social Science ➔ Economics
the study of how the economy works and what goes into determining the price levels of products...two levels to it: one is microeconomics which is the study of more specific parts like how markets in a particular state function...& macroeconomics which studies the function of the economy of the nation as a whole.
the subject dips a little into business here and there...
2006-11-13 06:23:54 · answer #1 · answered by starlove2 6 · 0⤊ 0⤋
The social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems.
2006-11-13 14:26:37 · answer #2 · answered by Buffy 5 · 1⤊ 0⤋
The study of how limited resources are distributed amongst unlimited wants.
2006-11-13 16:34:59 · answer #3 · answered by Understood 3 · 1⤊ 0⤋
It is the study of how people organize themselves and the resources available to them in order to satisfy their needs.
2006-11-14 18:25:09 · answer #4 · answered by KevinStud99 6 · 0⤊ 0⤋