yes, it is important to learn economics because it is also one of the main subjects as well
Give and explain five reasons why you would recommend the study of economics to a business student?
why is the study of economics an important exercise
the study of economics is important because with out it we wouldnt have undersant the impact of develoment in business
economics essentially is the way of life and every business student must economics. Identify and explain five reasons that support the argument.
Economics is a study of choices exist results from unlimited wants and scarce supply. It basically explain how household, firms, government and international sectors operate in goods market, money market, resources market and treasury market. Business student basically involve with the study of management which is part of firms operation in both goods market and resources market in economics. In other words, management and business are subset to economics.
why is the study of economics an important exercise
It is important to study economics so that you understand the market. You need to understand why you pay what you do for the things you value.
No, economics is the study of how people deal with the condition of scarcity with limited allocations of resources.
The study of economics is important because without it we would not be able to understand the impact of the developments in business, society, and the world economy. It also allows us to comprehend the decisions of households, firms, and government based on human behavior, beliefs, structure, constraints, and needs. The study of economics is important in the sense that it teaches us how to make rational use of our scarce resources in order to meet our unlimited wants.
The study of economics is important because without it we would not be able to understand the impact of the developments in business, society, and the world economy. It also allows us to comprehend the decisions of households, firms, and government based on human behavior, beliefs, structure, constraints, and needs. The study of economics is important in the sense that it teaches us how to make rational use of our scarce resources in order to meet our unlimited wants.
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
economics mainly deals with the production ,consumption,income, employment etc . thus we can say economics is the study of all economic activities say for from production to consumption.or it is study of business of life...........