Economics, as a social science, studies the production, distribution, and consumption of commodities.
The field may be divided in several different ways, most popularly microeconomics (at the level of individual choices) vs macroeconomics (aggregate results).
It may also be divided in positive (descriptive) vs.
normative, mainstream vs.
heterodox, and by subfield.
Economics has many direct applications in business, personal finance, and government.
For more information about the topic Economics, read the full article at Wikipedia.org, or see the following related articles:
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Note: This page refers to an article that is licensed under the GNU Free Documentation License. It uses material from the article Economics at Wikipedia.org. See the Wikipedia copyright page for more details. Editor's Note: This article is not intended to provide medical advice, diagnosis or treatment.
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