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economy. that's why it's called economics.

for definitions, search encyclopedias.

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12y ago
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Related questions

What is the basic concern of economics?

the basic concern of economics is to study the choices people make


What is the difference between descriptive economics and applied economics?

there is no difference between them. In both cources , you have to study the same things. applied economics includes some more study than general economics.


How economics related to business administration?

in economics we study about economic activities , as we know business is not possible without economic concern like money ,financial activities so both are directly interrelatd.


What does the study of economics include?

Economics is the study of wealth and its distribution.


Why is it necessary to study economics?

Because Economics is a Study of Body of Knowledge.


What is the study of economics an important exercise?

why is the study of economics an important exercise


What is study of economics called?

It is called economics


How do businesspeople know what to produce and in what quantity?

Well this is very simple concept of economics. A general study of markiting conditions leads this answer.


What the study of how wealth is created and distributed?

Economics


How schould my study in economics?

In economics you will study how to work in the financial districts and learn how to manage money.


How long have we had the study of economics?

but the study of economics dates back only a few hundred years.


What is the difference between history and economics?

The major difference is that history, in the most general form, deals with the study of the past. While economics deals with a wide range of things but for easy clarification economics basically deals with the study of the trading of goods or services as well as the production, distribution, and consumption of those goods or services.