1.1 What Is Economics, and Why Is It Important? - OpenStax
https://openstax.org/books/principles-economics-3e/pages/1-1-what-is-economics-and-why-is-it-important
WebEconomics 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. If you look around carefully, you will see that scarcity is a fact of life. Scarcity means that human wants for goods, services and resources exceed what is available.
DA: 70 PA: 67 MOZ Rank: 69