payment page
Study Tools
Overview
Economics is often defined as the study of how societies cope with everyday scarcity
. The things people desire are in short supply, meaning there’s not enough for everyone to just help themselves to as much as they like. Every society evolves social processes by which resources are used to produce goods and services that then find their way to those who want them. Economics is the study of those processes.Introduction to Economics is the first of eight SparkNotes Economics guides. It covers the following topics:
- What Is Economics?
- Production Possibilities and Gains from Trade
Visit all the SparkNotes Economics guides here:
