--- title: "Meaning & Key Takeaway of: Because economics is all about…" description: "\"Because economics is all about optimising, doing the best you can with what you have - it's usually the first place you should look for answers if you ..." image: "https://sms4smile.com/quotes/i/d3f/emily-oster-12697_answers_because-economics-is-all-about-optimisin_2418196.jpg" --- # Because economics is all about optimising, doing the best… ![“Because economics is all about optimising, doing the best you can with what you have - it's usually the first place you should look for answers if you want to maximise your happiness.” quote by Emily Oster](https://sms4smile.com/quotes/i/d3f/emily-oster-12697_answers_because-economics-is-all-about-optimisin_2418196.jpg) [Download](https://sms4smile.com/quotes/i/d3f/emily-oster-12697_answers_because-economics-is-all-about-optimisin_2418196.jpg) [Open image](https://sms4smile.com/quotes/i/d3f/emily-oster-12697_answers_because-economics-is-all-about-optimisin_2418196.jpg) > “Because economics is all about optimising, doing the best you can with what you have - it's usually the first place you should look for answers if you want to maximise your happiness.” [Emily Oster](https://sms4smile.com/quotes/author/emily-oster/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Optimising resources and using economic reasoning can help individuals maximize personal happiness. **In simple terms:** Economic thinking can guide personal happiness. Key Takeaway Apply cost‑benefit analysis to life choices. Themes economics happiness optimisation Mood thoughtful optimistic Type self‑help economic When to use this quote - budgeting - career decisions - health choices Key Concepts utility theory behavioral economics Questions to Reflect On - What personal trade‑offs bring you the most joy? - How do you balance rational and emotional decisions? A Different Perspective Economic models may not capture emotional nuances. ★ ★ ★ ★ ★ No ratings yet [Answers](https://sms4smile.com/quotes/about/answers/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economics Optimising](https://sms4smile.com/quotes/about/economics-optimising-6110663/) [First place](https://sms4smile.com/quotes/about/first-place/) [Firsts](https://sms4smile.com/quotes/about/firsts/) [Happiness](https://sms4smile.com/quotes/about/happiness/) [Looks](https://sms4smile.com/quotes/about/looks/) [Maximise Happiness](https://sms4smile.com/quotes/about/maximise-happiness-6110664/) [Optimising](https://sms4smile.com/quotes/about/optimising-4324729/) [Should](https://sms4smile.com/quotes/about/should/) [Want](https://sms4smile.com/quotes/about/want/) [Want Maximise](https://sms4smile.com/quotes/about/want-maximise-5632323/) ## Related quotes > [From my position, obviously I want to maximise my potential and go as far as I can go and as high as I can…](https://sms4smile.com/quotes/andre-ward/from-my-position-obviously-i-want-to-maximise-my-potential-and-go-as/) [Andre Ward](https://sms4smile.com/quotes/author/andre-ward/) > [“your first idea is unlikely to be the best, so you should be optimising for speed of iteration rather than quality of prototype.”](https://sms4smile.com/quotes/adrian-mcewen/your-first-idea-is-unlikely-to-be-the-best-so-you-should-be/) [Adrian McEwen](https://sms4smile.com/quotes/author/adrian-mcewen/) > [When you're 20 you care what everyone thinks, when you're 40 you stop caring what everyone thinks, when you're 60 you realize no one…](https://sms4smile.com/quotes/winston-churchill/when-you-re-20-you-care-what-everyone-thinks-when-you-re-40-you-stop/) [Winston Churchill](https://sms4smile.com/quotes/author/winston-churchill/) > [“The traumatized soul finds no rest in conditions of peace. 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Whyte](https://sms4smile.com/quotes/author/william-h-whyte/) ## More by Emily Oster > [Economists actually disagree about whether there are significant economic returns from attending an elite college versus a less-selective one.](https://sms4smile.com/quotes/emily-oster/economists-actually-disagree-about-whether-there-are-significant/) [Emily Oster](https://sms4smile.com/quotes/author/emily-oster/) > [Young women who live in areas with high maternal mortality change their behavior less in response to HIV than young women who live in…](https://sms4smile.com/quotes/emily-oster/young-women-who-live-in-areas-with-high-maternal-mortality-change/) [Emily Oster](https://sms4smile.com/quotes/author/emily-oster/) > [“So why did my conclusions differ from theirs? At least two reasons. One is overinterpretation of flawed studies. 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Hands down.…](https://sms4smile.com/quotes/emily-oster/if-you-asked-me-which-gives-me-more-joy-my-work-or-my-family-there-is/) [Emily Oster](https://sms4smile.com/quotes/author/emily-oster/) > [The main concern with a very large baby is difficulty in delivery.](https://sms4smile.com/quotes/emily-oster/the-main-concern-with-a-very-large-baby-is-difficulty-in-delivery/) [Emily Oster](https://sms4smile.com/quotes/author/emily-oster/) > [If you have a traditional view of economics, you're probably thinking of Ben Bernanke making Fed policy, or the guys creating financial derivatives at…](https://sms4smile.com/quotes/emily-oster/if-you-have-a-traditional-view-of-economics-you-re-probably-thinking/) [Emily Oster](https://sms4smile.com/quotes/author/emily-oster/) > [Being pregnant was a lot like being a child again. 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