Economics
Economic studies: a science that covers the economic behaviour of individuals, the
functioning of the economic system, and the economic organisation.
Economic behaviour of individuals:
-​ Motivations
-​ Choices
-​ Values
-​ Informations
For the correct functioning of the economic system we need an interaction among
individuals, and an institutional context (rules, rights, etc.)
Economic organisation questions:
-​ What to produce?
-​ How to produce?
-​ For whom to produce?
Economics studies the efficient use of limited resources to produce goods and service
yielding utility, and the distribution of these goods and services within the society.