In the beginning of my high school years, I started off with my interest in history and politics. In these classes, I had the opportunity to briefly learn about the economy in U. At that time, I was not able to understand the mechanism behind economics. For instance, economics is broad discipline that covers many different fields.
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Why I Want to Study Economics - Words | Bartleby
There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page. If you live in a democracy, people have the power to vote for politicians that will create economic policies that will affect you in many ways whether it is taxes you pay or services you use or the things you buy. Economics is not just about business… It is a social science or a study of how people value things or perceive the value of things among other studies…. Understanding of Economics will give you a better understanding of investments and how domestic and foreign economies effect your personal investments and wealth. For instance, if you understand how the US economy interacts with the rest of the world, you may be able to predict an event such as the price of gold going up.
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Why Economics: College Admission Essay Sample
The curious task of economics is to demonstrate to men how little they really know about what they imagine they can design. Economics, therefore, is the field of study that is best placed to track, study, project and predict human behaviour; and as such is one of the most important and relevant skills for the world today, helping us choose wisely when it comes to our personal, social and professional lives. Economics for sustainable growth Understanding humans, and their motivations, is critical to designing initiatives that can have social and economic impacts upon society at a local, regional and national level.
The study of economics helps people understand the world around them. It enables people to understand people, businesses, markets and governments, and therefore better respond to the threats and opportunities that emerge when things change. Economics majors are well-positioned in an ever-changing world because they have problem solving and analytical skills that allow them to succeed in variety of career paths—law, risk management, actuary, finance, foreign affairs, public administration, politics, policy analysis, health administration, entrepreneurship, market analysis, journalism, and unknown careers of the future. The breadth and flexibility of an economics degree prepares students to adjust to unexpected changes and take advantage of unexpected opportunities.