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Your Economic Life: The Practical Applications of Economics |
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You may decide that economics would be a good major for you in college. You may even decide that it would become a good career. But there are other reasons for wanting to study economics. In short, the training you will receive as an undergraduate major in economics does the following:
By learning economics, you learn how to think in a way that is applicable to just about everything that you see, do, or read.Economics deals with vital current problems at the national level such as inflation, unemployment, pollution, poverty, health care, and economic growth. Economics is a problem-based social science. The problems with which it is concerned are the central issues of our times, the ones you read about in newspapers and magazines and hear about on radio and television. They pervade all of politics.
And as you have seen in this short guide, economic analysis can be applied to your everyday life. Economics at its heart is a very practical social science.
Use it.
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