Definition of economic

on first encountering  economics, you may want a definition. Here are a few that are commonly  heard.

• Economic is the study of those activities that involve the production and exchange of goods.
• Economic analyzes movements in the overall economy-trend in prices ouput and unnemployment once such penomena are undestood economic helps depelov the policies by wich goverments cn improve the performace of economy
• Economic is the science of choice. It study how peeople choose to use scare of  limited produktive resources (land, labor, equipment, tecnical knowlage ), to produce various comodities (such as wheat , beef, overcoats, concerts, roads and misiles), and ditribute these good to variose members of society for their consumtion.
• Economic is study of commers among nation. it help eksplain whay nation exsport some goods and imports other, and analyzes the effects of putting econmics barries is tudy of money, banking, capital and wealth
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