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What is Economics | अर्थशास्त्र क्या है

What is Economics | अर्थशास्त्र क्या है
Economics is a branch of social science focused on the production, distribution and consumption of goods and services.In this blog you know about What is Economics(अर्थशास्त्र ).

Come on friends today know about economics(अर्थशास्त्र).

What is Economics(अर्थशास्त्र क्या है)

Anywhere in any group of people, even an ordinary person talks about self interest. Economics comes to the fore when a person associates his self interest with material gain or welfare. When self interest is associated with material gain then it is called economic interest.

If you talk as a producer then your financial interest becomes vested in maximizing your profit.

If you are a householder then your financial interest is that you maximize your satisfaction by
purchasing various goods and services.

In this context, collective interest can also become the subject of your discussion. It means
economic interest at the national level, it can be called macroeconomic interest. In this
context we want social welfare to be maximized. That is what we are All the people of the
country enjoy a high standard of living.

Some efforts have to be made to increase the economic hit. This requires careful
management of our resources or resources as our resources are limited compared to our

As a consumer, your resources are limited compared to your infinite needs. To protect your
self, you have to manage your expenditure very tactfully. Similarly, a producer will also have
to buy input for his business. The means are limited so that it can get maximum output from
each unit of input. Only then it can maximize its profit. Even resources are limited or scarce
compared to the needs of the country.

Here resourceful management of resources means that resources can be distributed in
alternate uses in such a way that social welfare is maximized.

Rational management of resources is related to various types of economic activities.
These actions are the actions of production, consumption, investment and exchange.
Production means changing the product of inputs or factors.

Investment means using goods to advance production. Exchange means buying and selling
of goods and services.

Keeping this background in mind, we can now easily explain what is economics.


Economics is a subject area that studies various economic activities at the individual level, which are either directed towards maximizing satisfaction or maximizing profit and social welfare at the level of the whole country.
(अर्थशास्त्र एक वह विषय क्षेत्र है जो व्यक्तिगत स्तर पर उन विभिन्न आर्थिक क्रियाओं का अध्ययन करता है जिनकी दिशा या तो संतुष्टि को अधिकतम करने अथवा लाभ को अधिकतम करने की ओर होती है और समूचे देश के स्तर पर सामाजिक कल्याण  अधिकतम करने की होती है.)

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