What is Economics?

What is Economics?

This is the first in a series that defines economics as a discipline, addressing common misconceptions along the way.   To some, economics is a set of facts: “Consumers buy more of a good when its price falls.” Often dry, even if important, facts: “Unemployment...

Sarah Estelle, Ph. D.

Hope College
41 Graves Place
Van Zoeren Hall 177
Holland, MI 49423

Why Econ is for Lovers? Sarah’s work—and this website—isn’t just about her love for econ and a desire to share it, but rather that economics, as a tool of prudence, can help us to facilitate the Good of the other, that is to love well. (This slogan is also a whimsical reference to Sarah’s grad school home in Charlottesville as it echoes Virginia’s classic state tourism motto.)