China responded U.S. House Speaker Nancy's visit to Taiwan with its sanctions

Economics can be broken down into microeconomics, which looks at individual decisions, and macroeconomics, which is concerned with the economy as a whole. Both types of economics utilize historical trends and current conditions to inform business decision-making and make predictions about how markets might behave in the future. Students who choose to study economics not only gain the skills needed to understand complex markets but come away with strong analytical and problem-solving skills.