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, …

economics, social science that seeks to analyze and describe the production, distribution, and consumption...

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.

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 …

Economics is the study of how humans make decisions in the face of scarcity. These can be individual decisions, family decisions, business decisions or societal decisions.

Learn all about the fields of economics, microeconomics, macroeconomics, finance, and capital markets with hundreds of videos, articles, and practice exercises. Content in this domain …

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 …

“In just one year, UChicago’s MA in Economics program delivers the renowned rigor and analytical depth that define Chicago Economics. Graduates acquire essential skills, keen …

The study of economics encompasses the major areas of microeconomics, which explores how people and firms produce and consume goods and services, and macroeconomics, which …

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

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 …

Apr 16, 2025 · A recent paper finds that economics majors have a significant earnings lead over other majors. Find out how Economics could give your career a strong start.

Jun 23, 2025 · An economics class can introduce you to the field and relevant careers. Learn more about how to educate yourself on this important topic.

Feb 5, 2023 · Learn what economics is and why ‌it’s ‌crucial to know. We’ll also go over 2 branches of economics, what each of them focuses on, what economists do, and more.

An economy[a] is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, …

Economics is a social science concerned with the production, distribution, and consumption of goods and services. It's comprised of broader macroeconomics and consumer-centric …

Discover the world's top universities for Economics & Econometrics 2025. Explore the QS World University Rankings by Subject in various disciplines.

Economics is the study of how individuals and societies choose to employ those resources: what goods and services will be produced, how they will be produced, and how they will be …

Economics is not just about money. It is about weighing different choices or alternatives. Some of those important choices involve money, but most do not. Most of your daily, monthly, or life …

A project led by University of Illinois associate professor of economics Elizabeth Powers is reshaping how Illinois funds its K-12 public schools.

Our faculty are renowned for their seminal contributions to the field, achievements recognized with numerous Nobel Prizes, Clark Medals, and other distinctions.

Oct 2, 2025 · Macroeconomics studies an overall economy or market system, its behaviors, the factors that drive it, and how to improve its performance.

Inflation refers to the general increase in prices or the money supply, both of which can cause the purchasing...

Aug 25, 2025 · The Illinois Economic Development Corp.’s new report said more than 700 businesses committed to expand in or move to the state.

For the love of Chicago. Check the latest breaking news from CBS Chicago.

Oct 21, 2025 · The governor weighed in on Chicago Mayor Brandon Johnson’s budget plan for the city, saying he opposed any “head tax” that would potentially push away businesses. …

Apr 29, 2025 · Economics studies how people choose to use limited resources to meet unlimited wants. Microeconomics focuses on individual decisions, while macroeconomics looks at the …

Oct 21, 2025 · Gov. J.B. Pritzker told the Chicago Economic Club Oct. 21 that he absolutely opposes Mayor Brandon Johnson’s plan to revive the corporate “head tax” as part of his new …

Oct 21, 2025 · Governor JB Pritzker had some tough words for Mayor Brandon Johnson's proposed corporate head tax in Chicago at a meeting at Economic Club of Chicago.

Oct 21, 2025 · Johnson's budget proposal "penalizes the very thing that we want, which is, we want more employment in the city of Chicago," Pritzker said.

Oct 21, 2025 · Gov. JB Pritzker today told members of the Economic Club of Chicago he opposes a head tax and Bears property-tax breaks and wants a transit fix.