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So you can understand how the economy's work.

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11y ago
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12y ago

Economics is the study of how people allocated their scared resources to exchange, produce and consume goods and services satisfying unlimited wants.

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Q: What are the reasons why you study economics?
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Give and explain five reasons why you would recommend the study of economics to a business student?

Give and explain five reasons why you would recommend the study of economics to a business student?


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What does the study of economics include?

Economics is the study of wealth and its distribution.


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Because Economics is a Study of Body of Knowledge.


What is the study of economics an important exercise?

why is the study of economics an important exercise


What is study of economics called?

It is called economics


What the study of how wealth is created and distributed?

Economics


How schould my study in economics?

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How long have we had the study of economics?

but the study of economics dates back only a few hundred years.


Give four reasons why you should study economics?

• to learn a way of thinking, • to understand society, • to understand global affairs, and • to be an informed voter.


How does the study of economics depend upon the phenomenon of scarcity?

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