Author(s): Anuradha A and L.R.K. Krishnan
Ever since the Greeks thought of the importance of economics and spread it to the Middle-east, the mother of all behavioral sciences teaches the human race to be more conscious about the limited resources available to meet the unlimited demands. With marginalism being the central theme of this field of study, economics branches out majorly into microeconomics and macroeconomics. Further subdivisions of the field of economics are financial economics, managerial economics, business economics, financial economics, health economics, public economics, Agricultural economics and developmental economics.