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Economics is the study of how people use resources to satisfy their needs and wants.
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Economics Assignment Help in Australia By Professionals? Economics is the study of how people use resources to satisfy their needs and wants. It focuses on the behavior of individuals, businesses and governments in making choices about the allocation of scarce resources. Economics is a social science that deals with the production, distribution, and consumption of goods and services.
In Australia, economics is offered as a major at many universities. The discipline of economics is divided into two main branches: microeconomics and macroeconomics. Microeconomics focuses on individual behavior and decisions, while macroeconomics looks at the economy as a whole.
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