WILL GIVE MEDAL + FAN - this is an economics question so I apologize, but no ones online in that group.. "Why is studying economics valuable?" is my FLVS DBA question and I really need a simple answer.
Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources. Our discipline has two important features. First, we develop conceptual models of behavior to predict responses to changes in policy and market conditions. There you go!! :)
Economics is the study of how societies, governments, businesses, households, and individuals allocate their scarce resources. Our discipline has two important features. First, we develop conceptual models of behavior to predict responses to changes in policy and market conditions
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