Thursday, February 13, 2020

Economics

Economics

Economics is the study of hw societymanages scarce resources. 

There is two parts of economics :
(1)Micro Economics 
(2)Macro Economics 



(1)Mirco Economics Deals with 
-Household 
-Firm
-Government Institute   
-Private Institute 

(2) Macro Economics Deals with
- whole phenomena or Country . 
Example: GDP, GNP

3 comments: