Introduction

CHAPTER

As you begin your studies, you are probably wondering, Why study economics? In fact, people do it for a number of reasons.

Many study economics because they hope to make money. Some people worry that they will be considered illiterate if they cannot understand the laws of supply and demand.

Others are interested in learning about how computers and the information revolution are shaping our society or why inequality in the distribution of income in the United States has risen so sharply in recent years.

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