Economics is concerned with how the economies of nations, or of the world as a whole, are functioning. This involves such things as banking and currencies, tax policies, commerce, employment, and general levels of prosperity vs. poverty.
No, economics is the study of how people deal with the condition of scarcity with limited allocations of resources.
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
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
No, economics is the study of how people deal with the condition of scarcity with limited allocations of resources.
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
In economics you will study how to work in the financial districts and learn how to manage money.
but the study of economics dates back only a few hundred years.
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
The reason why economics often called the study of scarcity and choice is that according to Robbin economics deal with satisfying 1.unlimided wants with 2.Limited resources Our resources or income is limited While we have unlimited wants.That's why we go for utility comparisons.while the main purpose of economics is the maximization of utility for an indiviual by using goods through limited income.
is the study of Economics necessary in a situation of abundant
Micheal Jackson