Economics

Course summary

Economics is about choice and is at the heart of all decision-making. Individuals, businesses and governments are all faced with making choices where resources are scarce. As a result, Economics is applicable in a wide range of fields, including business, finance, administration, law, local and national government and, indeed, most aspects of everyday life. In studying Economics students will examine topics of obvious importance to human well-being such as pollution, socio-economic inequality and inflation. Economics is valuable not only for the topics it studies, but also for its methods of analysis. The processes economists use in analysing arguments is a valuable skill that can be transferred across different disciplines.