History of Economics

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Economic Structure

Economy deals with society's actions that involve production and distribution of goods. It associates with how the society works and how the people works. There are two branches of economics Macroeconomics and Microeconomics. Macroeconomics deals with the economy's performance and structure as a whole meanwhile Microeconomics deals with the individual's actions on resources. There are a lot of subdisciplines and methodologies that outline the economy as a whole which made it a big part of the society.

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