Why Study Economics ?

This video discusses the reasons that why we study economics. After watching this video students will be able to understand the reasons for the existence of economics in society/nations. The topics covered in the video are:
• Why Study Economics?
• Four main reasons to study:
• To learn a way of thinking,
o Opportunity cost,
o Marginalism
o Working of efficient markets.
• To understand society,
• To understand global affairs,
• To be an informed citizen.

Source: Principles of Economics, Karl E. Case, Ray Fair, and Sharon M. Oster, 10th edition.

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