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Economics is the study of the allocation of scarce resources in society and the problems involving the use and distribution of those resources. Thus, broadly defined, economics is concerned with: the ways in which prices, wages and profits are determined; theways in which production and distribution change over time; and the ways in which government affects the economy by monetary, fiscal and other policies.
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Department of Economics
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Davis, CA 95616
(530) 752-9241
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