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14y ago

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How has economics influenced the people's live?

how haseconomic influence the peoples lives


Why do you discuss private goods and public goods in economics?

because we have no lives


What are the influences of economics to the lives of other people?

The global marketplace, or stock market.


Importance of home economics in the lives of both men and women?

i dont know you must answer it


Why is economics considered social science?

Economics is a social science because it is the study of human behavior when it comes to money and how it is made and spent. Economics play a large part of all humans personal and professional lives. The gross domestic product is licked to both social science and economics. Unlike natural science, social science is used to understand society. Economics is a large part of society and how people behave.


Why is economics always a part of our lives?

Economics is always a part of our lives because it governs the allocation of resources, influencing decisions we make daily, from purchasing food to choosing careers. It affects how businesses operate and how governments formulate policies that impact our communities. Understanding economic principles helps individuals navigate financial challenges and make informed choices. Ultimately, economics shapes the structure and dynamics of society, affecting our quality of life.


Classification of economics?

classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)


What are the classifications of economics?

classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)


Environmental protection is a luxury and economics is a necessity?

This is not true because if economics is important then environmental protection must be important also. If the environment is left to be freely degraded, economic activities become disabled, not to mention that our lives would become in threat.


What are the aspects of economics?

There are three aspects of economics. They are utility (wants that satisfy power), scarcity (goods and services possess value when they combine utility with scarcity), and producers and consumers (most people play the roles of both producer and consumer in their daily lives).


What has the author Frank Livesey written?

Frank Livesey has written: 'A textbook of core economics' -- subject(s): Economics 'Stage 1 economics' -- subject(s): Economics 'Dictionary of Economics' 'Economics' -- subject(s): Economics, Marketing, Problems, exercises 'A modern approach to economics' -- subject(s): Economics 'Economics (A.C.C.A.)' 'Economics for business decisions' -- subject(s): Managerial economics 'Economics (Marketing)' 'A textbook of economics' -- subject(s): Economics 'Objective tests in A Level economics' -- subject(s): Economics, Examinations, questions, Problems, exercises


What is the difference between MSc Economics and MA Economics?

what is difference between msc economics and ma economics