Economics is a subject that is both interesting and
functional. It encompasses everything from how resources are allocated by
individuals to how they are allocated by countries and governments. The study
of economics helps organizations and governments learn more about how to spend
their resources, how to maximize the resources, etc. It includes the study of
tax structures, government expenditures, business expenditure, etc. Economics
covers the entire spectrum of financial structures and behaviors of
individuals, countries, governments, and businesses, as well as the entire
world. Whether it is microeconomics or macroeconomics, they have an impact on
society as a whole and on individuals personally.
