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3 Tutorials that teach What is Economics?
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What is Economics?

What is Economics?

Author: Dan Laub
Description:
This lesson covers what the field of economics is.
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Notes for "What Is Economics?"

Key Terms

  • Social Science
  • Academic discipline that requires examination of variables that affect the quality of human life.
  • Microeconomics
  • An area of economic study that focuses on specific markets, choices, and behaviors that affect price, cost and demand.
  • Macroeconomics
  • Area of study that focuses on the impact of variables on the economic infrastructure in its entirety on a regional, national and global level.