Answer to Question #217559 in Economics for Dereje Geleta

Question

Why we study economics?

Answer 1

The goal of the economy, as a science, is the study of how separate groups of persons, enterprises, organizations, countries are instructed and managed. The study of economics is not only in business but in all other branches of industry. A person who decides to study economics develops the skill of analytic thinking. This will help you to better understand the structure of complex markets, to get a snap to solve the problems. And it is also easier and more effective to achieve success in the professional world.