The fundamental basics of ‘economics’ evolve around the question how society will be able to satisfy unlimited wants with limited resources. The premise of economics is that ‘wants’ are constant and infinite due to constantly changing demands, but resources in the world to satisfy human wants are always limited to the amount of natural or human resources available. Leadership in Economics revolves around the idea of choice in prioritizing which wants can be fulfilled and what needs to be produced for the economy.

The articles and events posted in this chapter shed light on how the fundamentals of economics can be studied, and how this knowledge can be used to steer society.