ECONOMICS: - In studying economics you will learn how individuals and society make choices about how scarce resources are used, what products are produced and who gets to consume them. These choices depend on evaluating costs, benefits, risks and effects on others. Economics at Glasgow dates back to Adam Smith, who was a Professor at the University in the 18th century and is widely renowned as the father of modern economics. POLITICS: - Politics is the study of the way power and influence are distributed within society and how this affects decision making within and among countries and states. You will study the ideas which inform and explain political activity alongside political institutions and behaviour.