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Why is it necessary to study economics?
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 concepts should be remembered to understand why economics as a field of study exists?
The concepts that should be remembered to understand why economics as a field of study exists include production, demand and supply, economic system, the role of the government, and business cycles.
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
Is study of economics necessary in a situation of abundant resources?
is the study of Economics necessary in a situation of abundant
Why is it necessary to study economics?
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 concepts should be remembered to understand why economics as a field of study exists?
The concepts that should be remembered to understand why economics as a field of study exists include production, demand and supply, economic system, the role of the government, and business cycles.
What the study of how wealth is created and distributed?
Economics
How long have we had the study of economics?
but the study of economics dates back only a few hundred years.
How schould my study in economics?
In economics you will study how to work in the financial districts and learn how to manage money.
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
Is study of economics necessary in a situation of abundant resources?
is the study of Economics necessary in a situation of abundant
What is different macroeconomics from microeconomics?
micro economics is that branch of economics which study about individuals, households and firms whereas macro economics is a study of whole economy.
What is the definition of Adam smith about economics?
economics is the study of wealth
What is the study of how society manages its scarce resources?
Economics
