Economics is seen as dealing largely with the production and distribution of goods and services in an economy, which in practice involves the study of markets, demand and supply, and the process of price determination, while the primary topics of industrial relations are trade unions and collective bargaining.
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Answer:
Economics is seen as dealing largely with the production and distribution of goods and services in an economy, which in practice involves the study of markets, demand and supply, and the process of price determination, while the primary topics of industrial relations are trade unions and collective bargaining.