FAQ About Economics
Which subjects fall within the field of economics?
Basic events and institutions of economic life; tools used; national income, the links of national income with these factors, welfare and the causes and consequences of depressions; mutual effects of savings and investments; effects of purchasing power on income and employment; relations, causes and consequences of monetary policy and fiscal policy; economic development and economic growth; economic balance in development, optimum balance; supply and demand situations; formation of national income; analysis of prices (Microeconomics); fees; profit, interest and rent; analysis of international trade, economic relations, analysis of the economic structures of countries (developed, underdeveloped, developing) in terms of causes and consequences, inflation, deflation, etc.
Subjects such as these are within the scope of the study of economics.