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To understand the psychology & human behavior towards building a strong relation in between sale & purchase or supply & store, to predict exact or certain observations economics studies is a must.
Economics is vital to us especially as a citizens, by studying Economics we can develop conceptual models of behavior to predict responses to changes in policy and market conditions and we can determine the causes of this changes in the market.
The most vital purpose behind learning economics matters is to take in a method for thinking
Economics is play very important role in making modern civilization function,studying economics helps experts learn how to prevent problems.Without Economics we are unable to find out market value and its product if need growth in our global market then we need knowlede about Economicsand its rule.
Economics is an integral part of day to day living and can not be avoided. Economics affects the price of day-to-day neccessities like food and fuel. By understanding economics at its basic level, the average person can make slight predictions as to what new monetary and fiscal policy might mean for their day-to-day living.
Economics is all around us, you can't escape from it (you go to the job, earn money, exchange it for different products or services = Economics in its pure form)
