economistes

What is economics? Economics can help us answer these questions. Below, we’ve provided links to  short articles  that illustrate what economics is and how it connects to our everyday lives. Economics can be defined in a few different ways. It’s the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It often involves topics like wealth and finance, but it’s not all about money. Economics is a broad discipline that helps us understand  historical trends , interpret  today’s headlines , and  make predictions  about the coming years. Economics ranges from the very small to the very large. The study of individual decisions is called  microeconomics . The study of the economy as a whole is called  macroeconomics . A microeconomist might focus on  families’ medical debt , whereas a macroeconomist might focus on  sovereign debt . What do economists do? Economists ha...