Question

What is economic? why we read it?

Answer 1

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Answer 2

The word 'economics' comes from two Greek words, 'eco' meaning home and 'nomos' meaning accounts. The subject has developed from being about how to keep the family accounts into the wide-ranging subject of today.

Economics has grown in scope, very slowly up to the 19th century, but at an accelerating rate ever since. Today it has many of the features of a language. It has linguistic roots, grammatical rules, good and bad constructions, dialects and a wide vocabulary which grows and changes over time. You may already have studied economics and there is the danger that the language that you learnt has changed, so be careful! Also, there are different ways of learning economics.

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