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Economics is the social science that analyzes the production, distribution, and consumption of goods and services.It includes the study of Microeconomics and Macroeconomics.In these branch we study about Production theory basics, Opportunity cost, Economic efficiency, Production-possibility frontier,Division of labour, Comparative advantage,Gains from trade,Supply and demand, Theory of the firm, Industrial organization, Financial economics, Business economics, and Managerial economics etc.
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