Question

Why do you think studying economics is important for managers?

Answer 1

Heya....

Studying economics is important for managers because...

* It is a subject that tells us that how to manage the scare resources..

* Economics tells us that how to do optimum utilization of resources...

* It gives us the scale of demand and supply...

* It creates difference between desire and demands...

So a manager should learn this for above knowledge...

Answer 2

Studying economics is important for mangers because of the following reasons :

1. It gives ideas about demand and supply.

2. It also gives idea to maintain the lack of resources.

3. It creates differnce between demand and desires.