WHY IS THE STUDY OF ECONOMICS IMPORTANTM any(prenominal) benefits can be gained from perusing political economy . First , economics deals with vital authorized problems such(prenominal) as inflation , unemployment monopoly , economic growth , pollution , and scantiness . frugals is a problem-oriented mixer science , and the problems with which it is especially have-to get-up-and-go with are among the most disturbing of our age . They fill our newspapers and pass around our politics . We like to be knowledgeable about a part of union that so many feel is line . Not only is economics relevant to the big problems of federation , but it also relates to personal problems-wages , unemployment , the cost of living , taxes , and so onSecond , the accomplishments of economics have established it as the most undefeated social s cience . For example , yours is the first generation neer to have experienced a major depression . No otherwise social science has had an equivalent success in applying reason the shaping of gayity s destiny .
Our nation has a Council of Economic Advisers no such permanent agency exists for any other social science . In addition in January of every(prenominal) year The Economic Report of the President is presented to CongressThird , economics is taking because of its use of the scientific method for the study of wad . sometimes , students view maths as a entrancing bouncing or language but are foiled by their inabil ity to use it for really important human pro! blems . Whereas mathematics is increasingly used by all social sciences , economics has long been in the forefront in its fashion . Economists enumerate heavily...If you want to get a full essay, coif it on our website:
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