What is Economics?
The subject Economics
closely deals with the study of wealth and the different ways it is consumed,
produced and distributed in the market. In the contemporary era, the study of
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Economics can be
classified into two major categories: Microeconomics and Macroeconomics. While
Microeconomics deals with the study of economics on a low level. Macroeconomics
is a more expansive term that deals with the economy of the country and the
government. Economics is widely open to several outstanding career prospects of
which the profession of an Economist is highly regarded. An Economist is
responsible for conducting research, collect and analyze the data and even
examine economic trends.
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