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 …

Located in historic New Jersey Hall, the Economics Department at Rutgers University–New Brunswick has a long tradition of excellence in research, teaching, and service. Our faculty …

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 …

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 …

1 day ago · The latest news and expert analysis about the state of the global economy.

Find the latest U.S. & global economic news and videos on NBCNews.com. Read headlines about jobs, corporations, taxes and more.

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

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.