The problem of scarce resources relative to human wants
choices
come again???
Economics is the study of wealth and its distribution.
Because Economics is a Study of Body of Knowledge.
why is the study of economics an important exercise
choices
normative economics
normative economics
come again???
Economics is the study of wealth and its distribution.
Because Economics is a Study of Body of Knowledge.
why is the study of economics an important exercise
It is called economics
Economics
but the study of economics dates back only a few hundred years.
In economics you will study how to work in the financial districts and learn how to manage money.
Economics is the study of how society manages its scarce resources therefore, the study of economics is only important because of the scarcity of resources. Higenyi