1. #1
    Unregistered

    What is Economics? How it is helpful to build my career? What is the scope of Economics?

    Hello sir/madam
    What is Economics? How it is helpful to build my career? What is the scope of Economics?





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  3. #2
    Kanha
    Join Date
    Jul 2011
    Posts
    460

    Re: What is Economics? How it is helpful to build my career? What is the scope of Economics?

    haiiiiiiiii,,,,,,,,,,,,,
    economics is the study of how people use resources ,it include time and talent you have , the land, buildings, equipment, and other tools on hand, and the knowledge of how to combine them to create useful products and services.
    scope of economics
    a) Subject – matter of economics.
    b) Economics is a social science
    c) Whether Economics is a science or an art?
    d) If Economics is science, whether it is positive science or a normative science?
    you have good opportunity to gain an edge in today’s rapidly globalising world. if you are well trained you have huge demand across industries, not only at the national but at the international level as well. In recent years, there has been a suckten spun in he demand for economic analysts, researchers and etc
    all the best




  4. #3
    Dkx
    Join Date
    Sep 2011
    Posts
    82

    Re: What is Economics? How it is helpful to build my career? What is the scope of Economics?

    The economics is the study of how people use resources ,it include time and talentyou have , the land, buildings, equipment, and other tools on hand, and the knowledge of how to combine them to create useful products and services.
    scope of economics
    a) Subject – matter of economics.
    b) Economics is a social science
    c) Whether Economics is a science or anart?
    d) If Economics is science, whether it is positive science or a normative science?
    you have good opportunity to gain an edge in today’s rapidly globalising world. if you are well trained you have huge demand across industries, not only at the national but at the international level .

  5. #4
    soniya
    Join Date
    May 2011
    Location
    bangalore
    Posts
    559

    Re: What is Economics? How it is helpful to build my career? What is the scope of Economics?

    Economics, in layman's language, is a study of learning how to utilize the minimum available resources to their maximum.
    Any career today, at a given period of time deals with resources which are limited and human wants which are unlimited.
    hence, to cater the need to bridge this lacuna/gap, economics comes to the forefront.
    Its scope is unlimited. Sky is the limit.
    To fulfill the above mentioned objective and to create a surplus, product differentiation, retain stable demand in the market, maximize the revenue or profits; knowledge of the economy as a whole (macroeconomics), knowledge of the organizational economy (microeconomics), is indeed necessary.
    All this can be successfully achieved if you know economics.
    Its a study that keeps you updated with the present market scenario.
    thus, any career you choose, economics is the key to its success.

  6. #5
    Unregistered

    Re: What is Economics? How it is helpful to build my career? What is the scope of Economics?

    is it a detterent in future prospects if i do economic honors from an open university ??

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