Ekonomika

Ekonomika, or economics, is the social science that studies the production, distribution, and consumption of goods and services. It examines how individuals, businesses, governments, and societies make choices about allocating scarce resources to meet their needs and wants. Economics is typically divided into two main branches: microeconomics, which focuses on the behavior of individual agents and markets, and macroeconomics, which studies the economy as a whole, including issues like inflation, unemployment, and economic growth. Economic theories and models help to analyze how resources are utilized and how policy decisions can impact economic outcomes.