Whether you’re “surfing” the Internet, reading the newspaper, listening to the news, or just talking to a friend, you’re dealing with economic issues every minute, they’re all around us and they affect everyone, whether you’re friends, family, or the people in your neighborhood. Economics is the driving force behind our fellow citizens, and if a citizen has good economic thinking, it becomes easier for him to make daily decisions, and he develops life and prosperity skills that lead to leadership and prosperity. In this training course, we have covered all the issues from the basics of economics that every citizen living in a democratic market economy country needs to know – that’s why we called the textbook Civil Economics. After studying this program, you will answer many questions, including:
- Why do people with more education and experience usually earn more than those with only a high school diploma?
- Why do wages increase over time?
- Why does the price of gasoline rise and fall?
- Does watching TV cost money?
- Is it always worth recycling waste?
- Why do people pollute the environment?
- Why are some entrepreneurs closing their factories, laying off workers or moving abroad?
- Is import and export a gain of trade?
- Does going to school incur costs?
- Why do they create new products?
- Why should we save money? Where should we place it?
- Who is an entrepreneur?
- Where do people earn money to start their own businesses?
Economics can provide answers to such questions, as it helps you think independently and more clearly. As you take this course, you will see that economics is, to a large extent, a way of thinking – of thinking and judging about all kinds of things and events. But like knowing how to play a certain sport or play a musical instrument, economic thinking is a skill that takes training and practice to master. It is the Civil Economy program that will introduce you to the main economic principles and give you the opportunity to use them practically.
All of us have strong ideas about what is good and what is bad, what is right and what is wrong, what is justice and what is injustice. Economics does not make such assessments for you; You have to make these assessments yourself, but civic economics can help you understand how our economy functions and how economic incentives affect consumers, business owners, managers, and government employees. You will find that with economic thinking you can more easily understand the possible outcomes of different decisions made by different people. We suggest you try to do this.
Authors-editors of the adapted version:
Academician Tengiz Chiabryshvili;
Professor Nino Chiabryshvili;
Assistant Professor Eka Gegeshidze.
Project director: Natalia Bregvadze
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