Buddhist economics is an approach to economic theory that integrates the principles of Buddhism with economic practices. It emphasizes the importance of well-being, sustainability, and ethical considerations over mere profit maximization. This perspective encourages mindful consumption and production, aiming to reduce suffering and promote harmony within society and the environment. In contrast to traditional economics, which often prioritizes material wealth, Buddhist economics advocates for a balanced lifestyle that values spiritual and social fulfillment. It encourages practices that foster community, environmental stewardship, and equitable distribution of resources, aligning economic activities with the broader goals of human happiness and ecological balance.