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Economics is the social science that studies the production, distribution and consumption of goods and services. Economics focuses on the behavior and interactions of economic agents and how economies work. Microeconomics analyzes basic elements in the economy, including individual agents and markets, their interactions and the outcomes of interactions. Individual agents may include, for example, households, firms, buyers and sellers. Macroeconomics analyzes the entire economy (meaning aggregated production, consumption, savings and investment) and issues affecting it, including unemployment of resources (labor, capital and land), inflation, economic growth, and the public policies that address these issues (monetary, fiscal and other policies).
FreedomCircle.com provides resources to help you understand what has been called the "philosophy of liberty."
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The Freedom Circle directory is an extensive reference on topics of freedom and liberty, human life and rational thought, and the economic, legal, political and other aspects conducive to freedom.
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