What is economics?
Economics is a science that studies how different groups interact and intersect when it comes to limited resources. Generally, we think of economics as being the study of money, but it's really the study of anything valuable and the choices that are made about that valuable item.
When you study economics, you are not studying accounting, though there is some overlap. Economics combines subjects like accounting with psychology, politics, law, and business to create a more global understanding of how we make decisions about items that we consider valuable in our personal and professional lives.