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1. Explain, in your own words and with examples, the difference between microeconomics and macroeconomics. 2. Compare economic science with other disciplines, such as accounting,
1. Explain, in your own words and with examples, the difference between microeconomics and macroeconomics. 2. Compare economic science with other disciplines, such as accounting, the market, and finance, and differentiate them. 3. Describe the uses of the economy and how it can explain everyday situations in the markets.
4. Analyze the following expression: Economics is a challenging but exciting and rewarding discipline.
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