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Unformatted text preview: 1 ECONOMICS AND LIFE Neil Sheflin Department of Economics [email protected] Economics Department Web Site http://econweb.rutgers.edu/ Sheflin’s Web Site http://econweb.rutgers.edu/sheflin What is Economics? • Social Science that studies how individuals, organizations, societies make decisions in the face of scarcity. • Macroeconomics, microeconomics, international economics, development economics, managerial economics, economics of love, war, discrimination, information, games, finance, management, time, production, crime, taxation, Why Economics? • Interesting, challenging, broad, flexible, applicable, theoretical, political, financial, mathematical, statistical, computer • Basis for careers in finance, management, medicine, law, banking, law enforcement, government, president • Helps one understand and perhaps change the world Economics or Business School? Economics: liberal arts, fundamental, enduring issues, broad, flexible, freedom to choose, double majors, semester...
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This document was uploaded on 10/28/2011 for the course 220 103 at Rutgers.
- Spring '09