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Economic is the study of the movement of goods and services. It addresses how individuals utilize their scarce resources and the methods take to preserve their survival. Economics is analyzed on both the micro level that involves household and individual economic activity and at the macro level, that involves economics and the governmental and international level.

An economist has the role of analyzing markets and making decisions based on predictions. These predictions are based on several focal points such as financial trends, social events and international activity. Therefore, their focus will turn to issues from a macro-economic standpoint such as the effect of taxes on the economy, fall in the value of a currency on interest rates, the driving force behind inequality and the distribution of wealth. From a micro-economic perspective they focus on issues such as consumer reaction to increase in utilities, medical supplies, food or why some social event are successful while others are not. pangee.