ECONOMICS
TECHNOLOGY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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study data and patterns.
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create and apply automation.
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improve production and shipping.
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increase demand and consumption.
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Detailed explanation-1: -Analyze data using mathematical models, statistical techniques, and software. Present research results in reports, tables, and charts. Interpret and forecast market trends. Advise businesses, governments, and individuals on economic topics.
Detailed explanation-2: -In economics, it is widely accepted that technology is the key driver of economic growth of countries, regions and cities. Technological progress allows for the more efficient production of more and better goods and services, which is what prosperity depends on.
Detailed explanation-3: -Technology, for economists, is anything that helps us produce things faster, better or cheaper. When you think of technology there’s a good chance you think of physical things like big machines or fast computers. But when economists talk about technology, they’re thinking more broadly about new ways of doing things.
Detailed explanation-4: -Computer technology is most useful in study of Economics. A power point presentation in the field of computer technology helps to make complex economic data and challenging economic ideas simple to understand.