Why do people study economics?

Better Understanding of Surroundings: People who study economics have a better understanding of their surroundings. It allows people to understand other people, organisations, markets, and governments, allowing them to respond better to the challenges and opportunities that arise when circumstances change.

What does economics mean to you?

In my mind, economics represents the relationship between people and their money – a relationship that dates back to the history of mankind... While the idea to care for others is appealing to me, the applications of medicine for finding remedies to the complexities of the human body fascinates me even more.

What is the meaning of Economics?

To plan, finance, initiate, develop, construct, own, buy, sell, hold, manage, administer, operate, and promote economic ventures on behalf of the Nation. To create, coordinate, cooperate, and administer incentive programs for investments and job creation.