Economics is a subject that is very comprehensive in both in its nature and applicability. It has a huge history that revolves around it. Economics forms the basis of everything else that happens in the world. It is a subject that can teach you the basis for many other subjects. The functioning and the processes are both simple and complex. The functioning and processes are simple because if the underlying concepts are understood it is a cakewalk and complex because there are numerous theories behind everything. Economics has two branches.
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