25 October 2025

Poverty, Job Creation, Growth, Exports & Government Policy

1. Which is the most important problem in economics? Poverty.
2. What is the solution for poverty? Job creation.
3. What leads to job creation? Economic growth.
4. What else leads to job creation? Exports.
5. What more leads to job creation? Government policy.

Now:
a) Poverty is studied by Development Economics.
b) Job creation is studied by Labour Economics.
c) Growth is studied by Macroeconomics.
d) Exports is studied by Trade Economics.
e) Government policy is studied by Public Economics.

But the most interesting thing in economics is the inter-connections among all these different economic forces/phenomena . . .

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