What field of study analyzes how humans meet their unlimited wants with limited resources?

The field of study that analyzes how humans meet their unlimited wants with limited resources is economics. Economics is centered on understanding the choices individuals and societies make when faced with scarcity. It examines how resources (such as time, money, and materials) are allocated to satisfy the varied and limitless needs and desires of people. This involves studying supply and demand, pricing, production, consumption, and distribution of goods and services.

Psychology focuses on human behavior and mental processes, exploring how individuals think, feel, and act, rather than the broader economic factors influencing resource allocation. Sociology examines social behavior and the structures of society, including group dynamics and social institutions, but does not specifically deal with resource management or economic behaviors. Anthropology studies humans, past and present, with an emphasis on cultural, social, and linguistic aspects, but unlike economics, it doesn't specifically address the allocation of scarce resources in relation to human wants. Thus, economics is uniquely positioned to analyze the relationship between unlimited wants and limited resources.