BUSINESS ADMINISTRATION
BUSINESS ECONOMICS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To determine which occupations interest you
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To find the best use for resources and supplies
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To prepare for effective decision-making and responsible citizenship
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To learn how to invest money and express social responsibility
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Detailed explanation-1: -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.
Detailed explanation-2: -Why Is Studying Economics Important? Students who choose to study economics not only gain the skills needed to understand complex markets but come away with strong analytical and problem-solving skills, as well as the business acumen necessary to succeed in the professional world.
Detailed explanation-3: -Economists study all aspects of people’s monetary decisions since they affect all types of markets. This means they study how much people work in order to study how the labor market works.