Question: Hello. Please explain this wisely. This is a DEVELOPMENT ECONOMICS ACCOUNTING SUBJECT. Please explain further that cannot find in the book. Thank you. 1.Explain the

Hello. Please explain this wisely. This is a DEVELOPMENT ECONOMICS ACCOUNTING SUBJECT. Please explain further that cannot find in the book. Thank you.

1.Explain the definition of Economics

2.Explain the definitions of Demand and Supply.Discuss the factors that influence demand and supply

3.Discuss the Circular Flow of Goods, Services, Resources and Money Payments in a Market with Government and Foreign Countries

4.Explain the concept of Specialization in Production.

5.Discuss the Theory of Production

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