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13 August, 06:47

What is the main focus of economics?

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Answers (2)
  1. 13 August, 07:10
    0
    Economics focuses more on interactions/marketing / those type of focus
  2. 13 August, 07:10
    0
    Resource allocation is the main focus of economics.

    Explanation:

    Man's needs and wants are unlimited but the availability of resources are limited and also due to the uneven distribution of the same economics has evolved into a branch of study consisting of ideas, theories and explanations about resource allocation.

    Had there been equal access to resources to all the people, there wouldn't have been a branch of study called economics. It can be studied at a micro level i. e., at the level of an individual and at a macro level i. e., at the level of group.
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