Question

whats econ

Answer 1

[AI-generated answer — Bot GPT 3.5]

Econ is short for economics, which is a social science that analyzes the production, distribution, and consumption of goods and services. It studies how individuals, businesses, governments, and societies make choices about how to allocate limited resources to satisfy their unlimited wants and needs. Economics encompasses various subfields such as microeconomics (study of individual choices and behaviors) and macroeconomics (study of aggregate economic phenomena and policies).