Discussion one: What is Economics Answer

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Discussion one: What is Economics

Many people have different concepts or ideas about the study of economics.  What are your thoughts as it relates to the study of economics and its importance in society?

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Discussion one: What is Economics Answer

My thoughts of economics is the study of how we allocate our resources. These resources are limited, thus, we need to critically decide how to utilize.

This question is taken from Econ 001 – Principles of Economics » Fall 2021 » Discussions