Author(s): Alberto Casillas
Economics plays a pivotal role in shaping national policies aimed at promoting the common good. Policymakers rely on economic theories, data, and models to design policies that address a range of societal challenges such as poverty, unemployment, inequality, and climate change. This article explores how economics informs the formulation of national policies that are intended to improve the welfare of citizens, promote equitable growth, and ensure sustainable development. By examining the relationship between economic principles and policy decisions, the article highlights how economics can be used to create policies that serve the collective interests of society.