The importance of studying economics in everyday life
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We may often hear statements that say why study economics? After all, in business, people who have not even studied economics can calculate the benefits and disadvantages, set strategies for profit and other economic actions.
But if you observe life from time to time, all human activities are based on economics. Whether we realize it or not, all processes for survival start with economic theory which may be difficult to describe in words. Even the benefits gained from studying economics are greater than just buying and selling.
Why is economics so important in our lives ??
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Many reasons underlying people to study economics. Because he hopes to make more money through his knowledge of economics, because economics is the focal point of all social sciences, and many other reasons which of course can be different for each person. The fact shows there is one important reason that causes the need for people to study economics. Throughout life, we will always encounter the truth of economics.
Understanding of inflation, unemployment or economic protectionism of a country, will not be fully understood if we have not mastered the basics of science. In debates in various spheres of society, the main problem is always the economic problem.
In everyday life, there are often differences between economic theory and its practical use. This is indeed unavoidable because basically theories are principles, laws, propositions, or general rules. Therefore, to implement it in daily life, it is necessary to make adjustments or special treatments according to the needs.
The benefits of economics in everyday life:
Assist humanity in finding the most appropriate, efficient and most possible way to make use of the various available resources. It brings then there are various kinds of human needs and also resources where there is a condition that these resources are limited and will not be able to make everyone in this world prosperous. With the existence of economics, this can be controlled.
Assist humans in using satisfying goods in life because the amount is limited. Humans must have certain needs and also in certain numbers as well.
Assist humans in determining the selection of items needed and not really needed because there are so many needs.
Why economics?
Because human needs are not endless, then it becomes a reason in studying economics.
Hopefully the discussion above you can understand and can be applied to yourself and the author. If there are mistakes, I'm sorry, because I'm just an ordinary writer who still has a lot to learn.
Regards, @ledies
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