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What is the difference between economy and economics

User Milind Ganjoo
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2 Answers

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Answer:

economy:

the relationship between production, trade and the supply of money in a particular country or region.

economic:Economics is a science that studies economies and develops possible models for their functioning

User Chad Decker
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Basically, economics is the study of an economy, i.e. its structure, condition, working, performance, issues, remedies, etc. ... On the other hand, an economy indicates a region, a particular area or country, concerning production, distribution, consumption, and exchange of goods and services, and supply of money.
User Idkt
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