What is Economics?
Let’s start with what economics isn’t. Economics isn’t a meal ticket to make lots of money in the stock market, although economics helps you understand how stock markets and other markets work. Economics also isn’t a business degree, although economics teaches important business skills. Economics, first and foremost, is a social science. As such, economics helps to explain the mysteries of how people and society operate.
The field of Economics rewards creative and curious thinkers. Whether you realize it or not, you already have a rich personal experience with economics. You make dozens of economic choices every week: how much to study, work, and spend; what courses to take; and what to do on Saturday night. Read more>>