what are two examples of personal economic choices that people make every day?
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At the start of the academic year, I always feel a little pressure to justify the study of economics. Students come up asking things like, should they do economics or history? It’s hard to know what to say, but to get people excited about economics, it’s good to try and think how economics can be applied in everyday life. Some of this is just common sense, but economics can put a theory behind our everyday actions.
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The choice of food
The choice of food they want to eat
The choice of transport ie carpool buses trains etc
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