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Economics is typically classified as a social science, focusing on the study of how individuals, businesses, and governments allocate resources and make choices. It encompasses various fields, including microeconomics, which examines individual and firm behavior, and macroeconomics, which looks at the economy as a whole. Additionally, economics often intersects with other disciplines like political science, sociology, and psychology, making it a multidisciplinary field that analyzes the complexities of human behavior and societal dynamics.

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