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 …

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 …

This free textbook is an OpenStax resource written to increase student access to high-quality, peer-reviewed learning materials.

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 …

Economics is the study of how we make choices in the face of scarcity and how those choices motivate behavior. As individuals, families, and nations, we confront difficult choices about …

Economics is a social science that encompasses a wide variety of themes relating to the production, distribution, and consumption of wealth.

Dec 23, 2025 · BEA produces some of the world’s most closely watched economic statistics. That’s because we’re laser focused on delivering innovative statistics that keep pace with the …

Read the latest economic current events, with updates on the state of the global economy including trade, business, and more.

16 hours ago · The latest news and expert analysis about the state of the global economy.