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 …

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 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 a social science discipline that investigates how individuals, businesses, governments, and societies allocate scarce resources to satisfy their unlimited desires and …

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 …

We graduate over 500 Economics majors a year who move on to a wide range of career paths. Our PhD program includes nine distinct seminar series and additional lunch-time seminars.

The Bachelor of Arts in Economics helps students examine how society produces and consumes goods, and it analyzes many real-world issues such as international trade, poverty, taxes, …

With a Master of Science in Economics at Georgetown University, you’ll delve into areas of economics and unlock a world of knowledge and expertise. Learn more.