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, …

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 …

We offer a unique, interdisciplinary approach to the study of economics. Our students challenge the status quo and find new and better ways to explain the world. Our graduates are in high …

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 …

One of the fundamental principles of economics, described by Adam Smith in “The Wealth of Nations”. Work can be undertaken more efficiently if broken up into discrete tasks.

Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal decisions.

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 …

Learn all about the fields of economics, microeconomics, macroeconomics, finance, and capital markets with hundreds of videos, articles, and practice exercises. Content in this domain …

Oct 29, 2025 · Median mid-career salary for econ majors; higher than finance ($100k), accounting ($89k), and business ($83k) Source: PayScale. Average boost to median mid-career salary by …

Mar 26, 2024 · Economics is the study of how individuals, businesses, governments, and societies allocate resources to meet their needs and desires. It examines how resources like …