In this episode, we explore the foundational principles of economics, such as microeconomics and macroeconomics, and key concepts like supply and demand and opportunity cost. We then delve into global economic systems—capitalism, socialism, and mixed economies—highlighting their characteristics and impacts on individuals. Finally, we discuss personal finance management, covering budgeting, saving, debt management, and investment strategies. By understanding these elements, you can make informed decisions to enhance your financial well-being.