Economics is a part of social sciences dedicated to the study of decision – making under scarcity, and the factors that influence wealth. Economics involves financial topics and broader historical, sociological and cultural topics ranging from the individual (microeconomics) to governments, industries and central banking (macroeconomics). This extensive and multidisciplinary study of the economy is what sets it apart from other seemingly similar topics such as Business or Finance. As an Economics student you will gain insight into the long - term effects of policy on communities by studying - Resource Allocation, Current Policy Debates, Statistics, Economic Theory, Incentives, Econometrics, Resource Allocation, and Decision – Making.