Berkeley Economics

Berkeley Economics is the study of how individuals, businesses, and governments make choices about managing resources, production, and consumption. It examines how markets work, the factors influencing prices, and the effects of economic policies on society. The field combines analysis of human behavior with data to understand economic trends, aiming to improve decision-making and promote economic well-being. It encompasses topics like supply and demand, employment, inflation, and international trade, providing insights that help guide public policies and personal financial decisions.