Economics

When the word “economics” is uttered, the pictures of rising oil prices, unemployment and businesses shutting down might immediately popped up to one’s mind. But these ideas are just a result of an economy that has gone bad. Economics per se is a social science devoted to the study of production, distribution and consumption of resources and wealth. However, though it is societal in nature, political acts of governments and other decision making power can greatly influence economic practices and trends. The influence of governments in economics is so imminent that when you look at the state of modern economics, you can never imagine free-running economy without political intervention.

Fix the economy!

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