This definition is pragmatic and descriptive. This description of the study of economics is commonly found in introductory textbooks.

Discover the principles of laissez-faire economics, its historical context, benefits, and drawbacks. Learn why this ...

Supply is a fundamental economic concept that describes the total amount of a specific good or service that's offered to ...

The homepage of EDA—America’s lead agency on economic development—was recently updated with a definition of “economic development” that might be considered somewhat unorthodox.