this post was submitted on 22 Jul 2024
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Economics is science but with resources.
Economics is like ecology for the financial / resource world.
I'm under the impression that it's half math half psychology of groups.
Yeah, part of ecology looks at relationships between groups of organisms, and economics looks at relationships between economic agents. Those relationships require understanding of behaviours and motivations of those groups.
That's a great way to put it. The ecology of money goods and services.