Economics is
the science that is involves with the determination of the production,
consumption and distribution of the products and services. It is primarily concerned with the state and
performance of economies at a particular point of time. To focus on this and
make the students learn about it, the textbooks describing the microeconomics
and macroeconomics are provided to them. In short, it can be said that
economics is the study to make analysis of the growth and development in an
economy.
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