1. Economics is the scientific study of people and institutions from the point of view of how they produce and consume goods and services and face the problem of scarcity.
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2. Microeconomics looks at the interactions of producers and consumers in individual markets.
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3. Macroeconomics is the study of the economy as a whole, and is concerned with aggregates.
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4. Economists often disagree, but they do agree on a large body of economic theory.
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5. Economic theory is an abstract way of thinking that allows the development of principles, or tools, that can be used to study complex social issues.¡¦(»ý·«)
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