> It’s hard to pin point a largely accepted definition of economics, but intuitively we all know what it is. It’s how the money moves in a society.
No. The commonly accepted definition is that it's the study of how we allocate scarce resources, and how we could perhaps do that better (for various values of "better").
Lots of economics is done without reference to money.
No. The commonly accepted definition is that it's the study of how we allocate scarce resources, and how we could perhaps do that better (for various values of "better").
Lots of economics is done without reference to money.