ECONOMICS
Economics...
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Is a brand of social science
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Discusses how individuals and corporations make choices regarding their production and consumption of resources and services
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Acknowledges that there are limited resources that society must utilize effectively
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Explains the driving forces of supply and demand
Why Should I Care?
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Economics play a huge role in everyday life
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We are all faced with making choices
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By knowing about economics, you can choose to spend your hard-earned money in a way that improves your life
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Markets are influenced by trends in the economy such as inflation, growth, and interest rates
MICRO
Microeconomics
studies how individuals and businesses make decisions regarding the scarcity of resources
MACRO
Macroeconomics
studies how countries and governments make decisions regarding the scarcity of resources
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Economic Measures
Learn to interpret
economic terms and data
Economic Policy
Learn how governments
and central banks affect
the economy
Learn about the relationship
between economic conditions
and financial markets