Economics is one social science among several and has fields bordering on other areas, including economic geography, economic history, public choice, energy economics, cultural economics, family …

In the 20th century, English economist Lionel Robbins defined economics as “the science which studies human behaviour as a relationship between (given) ends and scarce means which have alternative …

Aug 25, 2025 · What Is Economics? The study of economics is a social science primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited...

Economics is the study of how we make choices in the face of scarcity and how those choices motivate behavior. As individuals, families, and nations, we confront difficult choices about how to use limited …

At its core, economics is the study of scarcity and how we use our resources to improve lives both individually and as a society. Sure, economics involves equations, data and graphs but it's also a …

Economics is essentially the study of how we, as individuals and as a society, make decisions amidst scarcity. It focuses on how resources, which are finite and limited, are allocated to meet the ever …

The meaning of ECONOMICS is a social science concerned chiefly with description and analysis of the production, distribution, and consumption of goods and services.

Economics can provide insights in areas as diverse as how workers should be rewarded, how government should conduct fiscal and monetary policy, and how health care markets work. The …

This free textbook is an OpenStax resource written to increase student access to high-quality, peer-reviewed learning materials.

Reddit's largest economics community. Serving as a central forum for users to read, discuss, and learn more about topics related to the economic discipline. We have written rules to support this aim and …