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That is a good question, as I have encountered many people who seem to confuse the two disciplines.
Accounting is the art of the preparation and presentation of relevant and reliable financial information to those who can use it for business decisions.
Economics is a social / behavioral science that deals with the scarcity of resources, and society's means of distributing those resources.
While certain concepts exist in both, such as profit, cost and depreciation; the concepts have substantially different meanings and interpretations.
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