What if my personal or religious principles and beliefs conflict with what people say about the best economic interest? People keep hearing the word "economics" all the time, and most think it is all about money. The real fact, Economics is not just about money. It is about finding different choices or alternatives. Some of those important decisions involve money, but not all of them. Most of your daily choices and decisions have nothing to do with money. Still, they are astonishingly the subject of economics itself.

1. Economics is not just a subject.It's about-about making choices. We use to make all kinds
of decisions each and every day. Like "How much should I spend in the kitchen?”,"What's
the best route to work for the minimal fare?”
Tonnes of similar questions arise on like "Where should we go for lunch? Finding the
advantages or disadvantages of completing post graduation versus taking a job or risking
the next startup? "If I get that dog as a pet, how much do I have to spend on feeding him
or his care?" Asking questions to yourself like "Should I get married? And I do, Should have
children too, and if so, when do I marry? Whom should I vote for when they all claim they
can improve the economy of the country?
Now what is "the economy,"?
What if my personal or religious principles and beliefs conflict with what people say about
the best economic interest?

2. People keep hearing the word "economics" all the time, and most think it is all about
money. The real fact, Economics is not just about money. It is about finding different
choices or alternatives. Some of those important decisions involve money, but not all of
them. Most of your daily choices and decisions have nothing to do with money. Still, they
are astonishingly the subject of economics itself.
For instance, your decisions about who will clean up the room and who will do the dishes
too is a decision that reflects the mutual benefits of each other.
In most of the cases, money or currency is merely a helpful tool or just a veil that is
standing in for a partial way to evaluate some of the goals and objectives that you care
about. And also to evaluate how you make choices about those aims.
Some of the most important topics of economics, every student pursuing
graduation with Economics as major must be aware of are as follows:
Fundamental Economics
Decision-Making and Cost-Benefit Analysis
Division of Labor and Specialization
Money
Economic Institutions
Economic Systems
Productivity
Incentives
Trade, Exchange and Interdependence
Opportunity Cost
Productive Resources
Technology

3. Property Rights
Scarcity
Macroeconomics
Employment and Unemployment
GDP
Aggregate Supply
Budget Deficits and Public Debt
Economic Growth
Fiscal Policy
Business Cycles
Aggregate Demand
Real vs. Nominal
Inflation
Monetary Policy and the Federal Reserve

4. Microeconomics
Demand
Competition and Market Structures
Consumers
Entrepreneurs
Elasticity of Demand
Income Distribution
Government Failures/Public-Choice Analysis
Price Ceilings and Floors
Markets and Prices
Market Failures
Producers
Profit
Supply
Roles of Government

5. International Economics
Barriers to Trade
Balance of Trade and Balance of Payments
Economic Development
Benefits of Trade/Comparative Advantage
Personal Finance Economics
Foreign Currency Markets/Exchange Rates
Compound Interest
Credit
Insurance
Financial Markets
Human Capital
Risk and Return
Money Management/Budgeting
Saving and Investing
About Author:
With a PhD from Massachusetts Institute of Technology (MIT), Australia, I, Kathlin Smith
have been honored as the best online tutor in 2014 for providing economics assignment
help online to numerous students from all over the world. Students seek help for
economics assignment or homework help due to their incapability to understand even the
basic concepts, this is the reason I wrote about economics. What Economic is in the real
practical world. Everybody has acquired the intention that its all about money. So hope this
article makes clear what economics is all about.
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