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what is economics

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Economics is the study of production, distrinbution and consumption of goods in a given geographical area ( called economy)
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Economics is the study of goods and services produced, distributed and cosumed either in a given geographical area ( called economy) or in small groups.
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Software Engineer

Economics is the study of scarcity and its implications for the use of resources, production of goods and services, growth of production and welfare over time, and a great variety of other complex issues of vital concern to society.
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Economics is a social science which deals with the production, distribution (allocation) and expenditure or utilization of goods and services.
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Related Questions

Is it possible to get full marks in maths on class 12 CBSE without tution or coaching?
Yes, ofcourse ... If you practice enough by yourself. Tution means its like u are under a mentor or guide who is helping you out what is to be practice or types of book you need to follow when you are in confusion mode..
Samit
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Is coaching necessary for the CBSE class 12?
It is not necessary if subject teachers know their subjects and teach it sincerely in the classroom.
Sriomprakash
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How should I get more than 90% in the class 12 board exam by doing self-study?
Target is achievable. You are required to be focussed. Study each and every concept, term, definition given in the NCERT books. Even the pictures given in books can form the basis for questions. Solve...
Pratik
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