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What Is The Description Of Economics?

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Economics is a field of study in social science that deals with the production, distribution and consumption of goods and services in an economy. There are a number of branches of economics like developmental economics, microeconomics, macroeconomics, managerial economics and many other branches of economics. The basic economic indicators are studied under this field of study that helps the economists and the decision makers to predict and make decisions in an economy respectively.
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