Economics (/ˌɛkəˈnɒmɪks, ˌiːkə-/) is a social science that studies the production, distribution, and consumption of goods and services. Economics focuses
In economics, economic equilibrium is a situation in which economic forces such as supply and demand are balanced and in the absence of external influences
prices at first glance. Price theorists have influenced several other fields including developing public choice theory and law and economics. Price theory
Managerial economics is a branch of economics involving the application of economic methods in the organizational decision-making process. Economics is the
In economics, nominal value refers to value measured in terms of absolute money amounts, whereas real value is considered and measured against the actual