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What is Economics?

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Courses and Study What is? pages What is Economics?

What is Economics?

Economics is the study of the production and consumption of goods. It explores ways to make the best use of time, land and labour, and studies the transfer of wealth to produce and obtain goods. Economics also explains how people interact within markets to get what they want and often reveals why people and governments behave in particular ways.

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Last published 22nd Apr 2018 6:41pm

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