Economics examines scarcity and how it affects the use of resources, the creation of goods and services, the expansion of production and welfare over time, and a host of other complex issues that are vital to society. Economics is relevant to many fields, including business, engineering, geography, mathematics, sociology, psychology, and law. Finding the most rational and efficient way to distribute resources in order to accomplish society and individual goals is the fundamental goal of economics. A few of the topics at the core of economic science are productivity and employment, savings and investment, health, money, and the financial system; government taxation and spending policies; international trade; industrial organization and regulation; urbanization; environmental challenges; and legal issues.
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