What do you means by economics?

It is the social science that deals with the production, distribution, and consumption of goods and services and with the theory and management of economies or economic systems. its the management of resources. Much like logistics but economics deals with money and price of a product. Like Law of S

A social science that studies how individuals, governments, firms and nations make choices on allocating scarce resources to satisfy their unlimited wants. Economics can generally be broken down into: macroeconomics, which concentrates on the behavior of the aggregate economy; and microeconomics, wh