Economics - see the world from a different point of view “Economics is the science of making choices”. The reason of people have to make choices is because the resources such as goods and services are limited. People usually tend to make choices to maximize their benefits. However, every choice involves a cost (Dobson & Palfreman, 1999). From a neoclassical economics perspective, economics can be divided into two branches: microeconomics and macroeconomics (Gans, King, Stonecash & Mankiw, 2012)…
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