Malta is an island nation consisting of an archipelago of three main islands and many smaller islands. The major islands of Malta are called Malta, Gozo, and Comino, and these are the only parts of Malta that are inhabited. Smaller islands include Cominotto, Fungus Rock, Islands of St. Paul, Manoel Island, and Filfla.alta is an island nation consisting of an archipelago of three main islands and many smaller islands. The major islands of Malta are called Malta, Gozo, and Comino, and these are the only parts of Malta that are inhabited. Smaller islands include Cominotto, Fungus Rock, Islands of St. Paul, Manoel Island, and Filfla.
economics definition The science that deals with the production, distribution, and consumption of commodities. Note: Economics is generally understood to concern behavior that, given the scarcity of means, arises to achieve certain ends.
Newcomers to economics often assume that economics is about money and resembles finance. But money is only a small part of economics. Economics, rather, is the study of how people allocate resources among themselves, and that makes it a social science. That viewpoint wasn't always accepted, and still isn't by some overly mathy economists today.