The primary focus of economics is the allocation of resources to meet the needs and wants of individuals and society. Economics studies how people, businesses, and governments make decisions regarding the production, distribution, and consumption of goods and services. It encompasses various branches, such as microeconomics, which examines individual and business behavior, and macroeconomics, which looks at the economy as a whole. Ultimately, economics seeks to understand how resources can be used efficiently to maximize utility and improve overall welfare.