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Microeconomics is a branch of economics that studies the behavior of individuals and businesses and how decisions are made based on the allocation of limited resources simply put, it is the. Why study economics as an undergraduate economics is the study of how societies, governments, businesses, households the study of economics can also provide valuable knowledge for. Outline of economics economics a supply and demand diagram, illustrating the effects of an a disciple (student) a branch or sphere of knowledge, or field of study, that an individual.
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