School of Economics | Definition of Economics
739
archive,tag,tag-definition-of-economics,tag-739,ajax_fade,page_not_loaded,,qode-title-hidden,qode_grid_1300,qode-content-sidebar-responsive,qode-theme-ver-11.1,qode-theme-bridge,wpb-js-composer js-comp-ver-5.1.1,vc_responsive

Definition of Economics:

It is necessary to define the subject which we want to study. Definition of a subject facilitates the understanding of its meaning, nature, characteristics and limitations. There­fore, it is necessary to begin the study of economics with its definition.