Economics 9

The word Economics originates from a Greek word __________

Oikos means _______

Nomos means ________

Economics means ______

What are the 2 branches of economics?

It's a branch of Economics that studies the decisions made by people and businesses regarding the allocation of resources, and prices at which they trade goods and services.

It's a branch of Economics that studies the behaviour of a country and how it's policies impact the economy as a whole.

It is the study of efficient allocation of available resources.

What are the 3 Economic Questions?