discuss its scope and importance of ecomoic
Answers
when the sun is over the Tropic cancer the climate in Northern plains
Answer:
Economics has evolved in centuries due to scarcity of resources. Therefore, To understand the scope, we need to understand why we need it. The aim is to maximize the use of resources.
This term is derived from economy and science. Thus, It means the science of the economy or proper utilization of resources.
Explanation:
Schools and colleges teach economics from very basics. The scope of economics in this field is vast.
To land a government job you can give UPSC. The age range is 21-30 years. You must have completed M.A or M.S.C with at least 55% marks.
They study how the market works by studying the market trends. They also study on what factors these depend. Thus, This helps businesses in identifying the target customers and ways to advertise their products.
Eg- BLS predicted that by 2028 the employment in this field will increase by 20%.