<prompt> Hlalosa lintlha tsa motheo tsa moruo ka mantsoe a ka tlase ho 100.nan  <response>: Instruction in English: Explain the basic concepts of economics in less than 100 words. . Response in English: Economics is a social science that studies how people use scarce resources to meet their unlimited wants and needs. Its fundamental concepts include scarcity, supply and demand, trade-offs, and opportunity cost. Economists devise theories and develop models to analyze economic behavior, understand how markets function, and examine the roles of government and institutions. Microeconomics focuses on individual agents and markets while macroeconomics looks at the economy as a whole. Economic principles are applied in a wide range of fields, including business, finance, and public policy. . Response in Sesotho: Economics ke saense ea sechaba e ithutang kamoo batho ba sebelisang lisebelisoa tse haellang ho fihlela litlhoko le litlhoko tsa bona tse sa lekanyetsoang. Likhopolo tsa eona tsa mantlha li kenyelletsa khaello, phepelo le tlhoko, likhohlano tsa khoebo, le litšenyehelo tsa menyetla. Litsebi tsa moruo li qapa likhopolo-taba le ho hlahisa mehlala ea ho hlahloba boitšoaro ba moruo, ho utloisisa kamoo limmaraka li sebetsang kateng, le ho hlahloba likarolo tsa muso le mekhatlo. Microeconomics e tsepamisitse maikutlo ho baemeli le limmaraka ha macroeconomics e sheba moruo ka kakaretso. Melao-motheo ea moruo e sebelisoa mafapheng a fapaneng, ho kenyeletsoa khoebo, lichelete le leano la sechaba. 