1, liberal arts is also called humanities and social sciences. As the name implies, liberal arts in a broad sense is a discipline that takes politics, economy and culture unique to human society as its research object. Humanities studies human cultural heritage, and classic disciplines include literature, history, philosophy and art, and human geography.

2. Economics originated from China's ancient economic thoughts and early economics represented by Xenophon and Aristotle. With the development of economists such as Adam Smith, Marx, Keynes and China, economics has gradually developed from political economics to scientific economics, and its theoretical system and practical application have been continuously improved.

Extended data:

1. The core idea of economics is to realize the optimal allocation and regeneration of resources, create, transform and realize value to the maximum extent, meet the needs of human material and cultural life and promote the sustainable development of society through the study, grasp and application of economic laws.

2. The basic principle of economics is the axiom as the starting point of the scientific system of economics and the economic theorem derived from the axiom of scientific economics. Different economic paradigms have different basic theories of economics, but only scientific economics has the basic principles of economics.

3. Microeconomics is a discipline in western economics that studies microeconomic phenomena such as individual family enterprises, producers and consumers, products and transactions, supply and demand, cost and profit, utility and price, market boundaries and government intervention, games and countermeasures, competition and cooperation, equilibrium and distribution.

References:

Baidu encyclopedia _ economics Baidu encyclopedia _ liberal arts