| Faculty: | Dhillon School of Business |
| Field of Study: | Business/Managerial Economics
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| Description: | Economics is a behavioural science that studies the conditions under which individuals provide the best possible satisfaction of their needs. It is not specifically about money, things or material objects — it’s about the consequences of individual decisions made under conditions of scarcity. Everybody thinks of and deals with economics whether they are aware of it or not. It concerns everybody and everything, transcending time and space, and is at the core of our civilization and human existence. It is a means of looking at all human interaction, regardless of culture, race or gender. |