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Importance of studying economics

Updated: 4/28/2022
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13y ago

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Economics is basically called the "QUEEN SUBJECT " of all subjects of Social Sciences . Economics is one of the most useful of all sciences,because it make us aware of how thing are exchanged,flourish,and survive within multiple markets.Not even that , it makes us aware of lots of facts which we know earlier but have not figured out that how it implemented on ones life.

economics is about choice and is at the heart of all decision making individuals, businesses and goverments are all faced with making choices in situations with resources and scarce.

economics is valuable not only for the topics it studies,but also for its methods of analysis.

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13y ago
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