Why do I have to take economics Essay Example | Topics and Well Written Essays - 500 words

Why do I have to take economics - Essay Example The main question is that why should I take economics as a course? There are a lot of reasons supporting the cause. First of all the world relies on economics. All the activities and happenings in the world are based on economics. Economics is the mother of all social sciences. Although the subject is lengthy but still it’s interesting and gives you a clearer view about what is happening around you. For example you are watching BBC, or reading a news paper suddenly you come to the business section. You see that price of a share is increasing or decreasing, you get curious about the factors causing the price to rise or fall but you don’t know about it. Taking economics will give you a basic idea about the business world and how it operates. Microeconomics, as the name suggests, deals with the basic concepts like demand and supply, elasticity, returns and more basic things. The change in price of a product due to a shift in demand is a basic thing. One other point in favo r of opting economics as a summer course is that the student gets to know about the working of an economy.