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Etymology-The term economics comes from the Ancient Greek word οἰκονομία (oikonomia, "management of a household, administration"), hence "rules of the house (hold)".Of course, Economics is the study which rules the roost in the development of any individual nation. Be it in any field, Economics stands as one the world-class subject which brings the world’s most brilliant minds together in the world-economic forum and this in itself speaks volumes of how much research and in-depth analysis it takes to be a master in this subject.
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