Our focus on these real-world problems explains why this book is called The Economyinstead of Economics , which is the usual title of introductory economics textbooks. The economy ( economy ) is apprehended in the real world. It governs the way we interact with others and our natural environments in producing the goods and services that make us live. However, economics ( economics , English) are a way to understand this economy from facts, concepts and models.services that make us live. On the other hand, economics (
Economics is a course in economics. In this book, we always start with a question or issue for the economy - for example, why is capitalism associated with a sharp rise in average standards of living? - then we teach the economic tools that contribute to the answer.