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| − | [[Image:NYSE-floor.jpg|right|thumb|Face-to-face trading on the [[New York Stock Exchange]]'s trading floor.]]
| + | GO ON LIBERALS, LIBERTARTIANS, AND LEFTISTS! F*CK ALL THIS FASCISTS! F*CK EM ALL!!! |
| − | '''Economics''' is a social [[science]] concerned with how society produces, allocates, and consumes goods and services.
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| − | == Issues in economics == | + | ='''LET'S VANDALIZE THIS F*CKIN SHIT!!!!!= |
| − | Economics deals with a large number of issues:
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| − | * [[Theory of value]]: What are things worth? Why are they worth what they're worth?
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| − | * [[Economic justice]]: What is a "fair" distribution of resources in a society?
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| − | * [[Economic prosperity]]: What policies encourage economic growth and development?
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| − | * [[Economic prediction]]: What can the economic realities today tell us about the economic realities of tomorrow?
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| − | == Disciplines within economics ==
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| − | Economics is a very broad discipline, and involves the following other disciplines as well:
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| − | * [[Moral philosophy]]: How ''ought'' a society produce and distribute goods and services?
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| − | * [[Psychology]]: What principles underlie human economic decision-making?
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| − | * [[Mathematics]]: What mathematical models can predict economic outcomes?
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| − | * [[Ecology]]: What economic policies and practices are ecologically sustainable?
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| − | ==Branches of economics==
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| − | * [[Microeconomics]]: the study of economic decisions in individual people, businesses, and markets;
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| − | * [[Macroeconomics]]: the study of economic dynamics and policies in an entire economy | |
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| − | == History of economics==
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| − | ''Main article: [[History of economics]]''
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| − | It is generally accepted that the formal study of economics began with the Scotsman [[Adam Smith]], in his book [[An Inquiry into the Nature and Causes of the Wealth of Nations]]. The origins of the field however, lie in the [[banking]] industry, which has developed over thousands of years.{{fact}}
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| − | [[Category:Economics]]
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