Economic Analysis

Economic analysis is the systematic study of economic phenomena, focusing on the allocation of resources and the behavior of economic agents. It employs various quantitative and qualitative methods to assess and interpret economic data, models, and theories. Economic analysis aims to evaluate the impacts of policies, forecast economic trends, and inform decision-making by examining relationships among variables such as supply and demand, costs and benefits, and market dynamics. It can be applied in various contexts, including public policy, business strategy, and financial management, to understand economic performance and improve outcomes.