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Edmundson on the Uses of a Liberal Education Form

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i'm jonathan mcintosh fellow of humanities at new st. Andrew's College here to talk about why economics is important for a liberal arts degree economics is the science of human action in how we use scarce means to accomplish our desire to ends one of the things this means is that economics isn't merely limited to those active activities of production exchange and consumption that we usually associate with the study of economics more than this economics gives us a framework for studying all of human activity for example right now in watching this video you're using a scarce means namely your time that could be used to be doing something else instead and this is the unique perspective that the study of economics brings it draws attention to the question of are we using our scarce resources in the way that we want to are we using them in the way that's going to help us achieve the ends that we desire in short economics helps us understand are we usi

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