Economic Administration

Economic administration involves managing a country's economic resources, policies, and regulations to promote growth, stability, and well-being. It includes planning and implementing strategies related to taxation, government spending, monetary policy, and economic development. Officials and institutions in this field work to ensure that resources are used efficiently, inflation is controlled, employment is maintained, and public services are funded. Essentially, it’s the organized effort by government authorities to steer the economy in a way that benefits society and supports long-term prosperity.