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Economics is an important segment of social science which is chiefly concerned with the analysis and description of production, distribution, as well as consumption of goods and services. As per our Economics essay helpers, this subject focuses on the behaviour and interactions of economics agents and keeps a close eye on how economies work.
As per the discussion with our economics essay writing experts, Microeconomics analyses the behaviour of basic elements in the economy which includes individual agents and markets, their interactions and results. Here, individual agents may include firms, households, sellers and buyers. On the other hand, Macroeconomics analyses the entire economy and issues affecting it such as unemployment of resources, inflation, economic growth, etc.
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