Economics is one of the main areas of social sciences, along with political science and other fields. Economics encompasses areas that are often regulated by politics, such as corporate taxation and types of business. Economics is related to sociology and other fields also in that economics is one of the larger components of society to which individuals belong.
Remember: The process of learning a person lasts a lifetime. The value of the same knowledge for different people may be different, it is determined by their individual characteristics and needs. Therefore, knowledge is always needed at any age and position.