The purpose of the study of economics is to help society decide how to create, distribute, and consume wealth.
Every human activity has an economic dimension.
Every time you wonder if there will be enough money to pay the rent or the mortgage, question the increase of food prices or decide to buy certain products, you are acting as an economic decision-maker. Most people want to know more about the economy. Knowing some economics is essential to understanding what is going on in your life. Economics is not always easy to figure out and many adults and young people feel that understanding the economy is difficult. As an individual it is important to be able to evaluate the impact of the economy on your life.