What is Economics?
Economics is senior level business course. It is the study of money, wealth, and resources. It helps us understand how to control, distribute, and organize money, wealth, or resources in such a way that gives us the maximum amount of happiness and usefulness. Some economists think that we should spread the money around so that we more or less all have an equal share, while others think that we should compete to the best of our ability to grab as much of it as we can. On your way through the course, you can decide on your own which you think is best, and how you will go about doing it with real money, real wealth, and real resources in the modern world.
Economics is senior level business course. It is the study of money, wealth, and resources. It helps us understand how to control, distribute, and organize money, wealth, or resources in such a way that gives us the maximum amount of happiness and usefulness. Some economists think that we should spread the money around so that we more or less all have an equal share, while others think that we should compete to the best of our ability to grab as much of it as we can. On your way through the course, you can decide on your own which you think is best, and how you will go about doing it with real money, real wealth, and real resources in the modern world.