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Money is what drives the global economy. It is crucial in every part of life, including politics, society, law, and geography. Understanding how individuals, corporations, and nations handle their finances is one of the most desirable skills for employers.

However, there is more to economics than pounds and dollars. It is a fascinating look at psychology, why individuals make their own decisions, and the global distribution of resources. There are two primary subfields in economics:

Microeconomics studies how individuals, organisations, and companies allocate their resources.

Macroeconomics focuses on the entire economy. Cities and continents are confronted with unemployment, inflation, and monetary problems.

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