Economics topic
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Economics is the social science that studies the production, distribution, and consumption of goods and services.
The term economics comes from the Ancient Greek οἰκονομία (oikonomia, "management of a household, administration") from οἶκος (oikos, "house") + νόμος (nomos, "custom" or "law"), hence "rules of the house(hold)".
Current economic models developed out of the broader field of political economy in the late 19 century, owing to a desire to use an empirical approach more akin to the...
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