Economics and others
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1. The document discusses the divisions and scope of economics, including macroeconomics which examines the overall economy, and microeconomics which examines individual markets. 2. It also compares economics to other fields like physics, noting that while physical laws are more stable, human behavior studied in economics is less predictable. 3. Finally, it outlines several areas of focus in economics like production, distribution, consumption, and public finance.
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Economics and others
- 1. ECONOMICS and Others Mr. Rey Belen