Introduction to Economics

     Study of Economics can describe all aspects of a country's economy, such as how a country's economy, such as how a country uses its resources,how much labour time devoted to work and leisure, the outcome of investing industries or effect of taxes of population and why business becomes success or fail.

     People who study economics are knows as economists. Economists seek to answer important questions about how people, industries and countries can maximize productivity, create wealth and maintain finance stability.

Why we study Economics?

     To be a knowledgeable and rational worker, consumer, investor and a citizen. Economics help to develop methodical way of thinking and problem solving which can be use in our life as producers, consumers...etc and participants in the global economy. To acquire a set of important skills for career buildings.

eg:- Analytical skills, quantitive, to get a foundation for other advance studies