economic science

Why Does This Economist Think Students Should Study Economics?

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Why Does This Economist Think Students Should Study Economics? The principle of scarcity is a driving force of economic decisions. … According to the quote, why does this economist think students should study economics? to learn how to make good economic decisions. What is one way that economics can influence your daily life? Why is

What Is Economics Studies?

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What Is Economics Studies? Economics is the study of how societies use scarce resources to produce valuable commodities and distribute them among different people. … The ultimate goal of economic science is to improve the living conditions of people in their everyday lives. Increasing the gross domestic product is not just a numbers game. What