Economics
Economics is central to many issues facing us today鈥攋ob creation, wage determination, health-care reform, future of social security, economic prosperity, and environmental sustainability鈥攁ll require knowledge of economics. Economics, often called the 鈥渟cience of choice,鈥 analyzes how individuals, households, firms, and governments interact. Understanding those interactions is a distinctive feature of economics as a discipline and explains why so many everyday issues have an important economic dimension.