Do you think studying economics is important and why or why not.?

Gold

New member
i'm taking economics online and im only a sophmore. we have to write a 5 paragraph essay. i have to interview someone on the question above. can any one of you answer the question so i can complete my essay. please and thank you
 
I took economics as a sophmore also, I'm now a junior..fun fun. Hope this helps.
Economics is valuable not only for the topics it studies, but also for its methods of analysis. The processes economists use in constructing models, analyzing arguments and testing empirical predictions against available evidence develop several important skills. Economics graduates develop their general literacy, communication and numeracy skills, as well as skills of abstraction (balancing simplification against relevance), logical deduction (including precise use of language, for example in relation to cause and effect, necessity and sufficiency) and critical thinking. Skills of discrimination, flexibility and organizational ability are also enhanced.

Learning Economics gives insights into the general environment of resource allocation decisions, opportunity costs and project evaluation that are crucially important in many areas. Often these insights are not at all obvious, and can be counter-intuitive, to those who don't apply economic reasoning.
 
First of all, you will get credits, and then your degree. Second, it will help you to manage your life and family economically.Third, it will help you to make any contribution to the society in order to solve social and environmental problems.
 
Back
Top