economics Definition

economics

Definition

The study of how the forces of supply and demand allocate scarce resources. Subdivided into microeconomics, which examines the behavior of firms, consumers and the role of government; and macroeconomics, which looks at inflation, unemployment, industrial production, and the role of government.

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CFA

Chartered Financial Analyst

Chartered Investment Council

Chartered Life Underwriter

CIC

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economics is ...

... part of the Economy subject.

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Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice