Economics deals with life and death questions and is deeply linked to politics. Economics deals with wealth, its source, its distribution. It also deals with ethical questions and that leads economics to politics and it is hence a subject where many opinions are voiced. Yet a broad understanding of issues will lead us to analyze all that happens in the field of politics and economics. In this section we will present all the core concepts of politics and economics and we will also present the two great and influential systems of political economy – capitalism and socialism and we will present all the facts objectively. At the end you will be able to make informed judgments on the political and economic scene in the world.