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What is to be produced? How will it be produced? For whom will it be produced? The questions are What to produce, How to produce and For whom to produce

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Q: What three questions does economics as a field of study attemp to answer?
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What are necessities the emergence of managerial economics as a separate field of study?

What led to the emergency of managerial economics as a separate field of study


What concepts should be remembered to understand why economics as a field of study exists?

The concepts that should be remembered to understand why economics as a field of study exists include production, demand and supply, economic system, the role of the government, and business cycles.


What is the difference between anthropology and economics?

Anthropology is the study of past human species. While economics is the study of the economy. Actually, anthropology is the study of humans, including our ancestry and culture. Economics is the study of the economy, but more generally it is the study of how people make choices about how to use resources when those resources are limited. In that sense, economics can be thought of as a specialized sub-field of anthropology.


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Economics is a social science because it is a field of study dealing with society and human behavior.


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Because Economics is a Study of Body of Knowledge.


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why is the study of economics an important exercise


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


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