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Topic: Why we must study Economics at University? - page 6. (Read 52820 times)

sr. member
Activity: 896
Merit: 267
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I do think that instead of studying one can even put in some practical at a very young age , since in the schools we do have economics as a subject people can actually start at an early stage and this could improve the situation , you know even in China kids start at such an early age and this have proven effective and I think in college people can have a ted talk on it or something like this , learn from the best and it would give them motivation to do everything .
Yes some schools teaches economics and things related to it to young ones, High School students to be exact(here in my country) and yes it is helpful because they are already understanding things about economics at a young age but as we enter college most of them tend to forget ehat they study about economics so instead of just having a ted talk maybe we can have a special subject or minor subject about economics that can be teached in the 1st and 2nd year of college. Even though we have our own dreams and subjects we want to specialized, having economics teach in college can help students reach other opportunities and contribute more to the country.
hero member
Activity: 1470
Merit: 502
In my own personal opinion, the reason why we need to study economics in the university is because it is a real life application that if you have an idea about economics, you have been able assess businesses instantly and you will understand how the world really works when it comes to money and production.
I agree with that. Studying economics will help you a lot because you will have an edge compare to other people because you can identify the advantages and disadvantages of something in terms of an entrepreneurial perspective. I hope that more and more people will study economics because it will boost the chance for a country to grow and be more competitive.
Economics was my favorite subject at college as I never missed any class when I was a student that's the only reason why today I am able to make proper analyses for the market and I know when to buy and when to sell. How much I should invest for how long that's all I learned from my economics subject in my college days so every student should learn economics.
I'm not from the part of people who get economics at university, but I study statistics and I think I can use this to calculate what is likely to happen. and what I know is quite helpful for me when I study trade elsewhere. maybe I will be a little dizzy when learning the calculations but to be honest this knowledge is very useful when I apply to trading in the market.
hero member
Activity: 1890
Merit: 831
I do think that instead of studying one can even put in some practical at a very young age , since in the schools we do have economics as a subject people can actually start at an early stage and this could improve the situation , you know even in China kids start at such an early age and this have proven effective and I think in college people can have a ted talk on it or something like this , learn from the best and it would give them motivation to do everything .
sr. member
Activity: 1236
Merit: 252
In my own personal opinion, the reason why we need to study economics in the university is because it is a real life application that if you have an idea about economics, you have been able assess businesses instantly and you will understand how the world really works when it comes to money and production.
I agree with that. Studying economics will help you a lot because you will have an edge compare to other people because you can identify the advantages and disadvantages of something in terms of an entrepreneurial perspective. I hope that more and more people will study economics because it will boost the chance for a country to grow and be more competitive.
Economics was my favorite subject at college as I never missed any class when I was a student that's the only reason why today I am able to make proper analyses for the market and I know when to buy and when to sell. How much I should invest for how long that's all I learned from my economics subject in my college days so every student should learn economics.
sr. member
Activity: 742
Merit: 329
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In my own personal opinion, the reason why we need to study economics in the university is because it is a real life application that if you have an idea about economics, you have been able assess businesses instantly and you will understand how the world really works when it comes to money and production.
I agree with that. Studying economics will help you a lot because you will have an edge compare to other people because you can identify the advantages and disadvantages of something in terms of an entrepreneurial perspective. I hope that more and more people will study economics because it will boost the chance for a country to grow and be more competitive.
sr. member
Activity: 924
Merit: 275
Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?

If we will stay ignorant about economics, we would have a hard time determining of the best ways on how we can make money on the most effective ways. It serves as a guide for every individual on their decision making which they will need for them to have a sustainable life. If they would disregard studying it, they may focus only on what they see and fail to see the bigger picture which can give them a better life. I am attracted to Economics because I consider it as an advantage from everyone who do not take a look at it before making a decision.
For those people who doesn't want to learn economics are the dumb people because they do not want to have financial freedom. For those who seeking financial freedom must learn economics. Economics will help us to have better decision in our everday lives. Humans have unlimited desires but the sources are only limited and that is why there is economics for us to use the scarce resources to cover the human desires.

Are you aware about the socioeconomic status? It is all about the rich, middle class and poor. Those people who are in below middles class or the poor persons doesn't understand the economics. They cannot choose right decision and that is why they cannot escape in their position. They keep seeking financial freedom but the problem is they do not have time to study economics.
sr. member
Activity: 812
Merit: 262
In my own personal opinion, the reason why we need to study economics in the university is because it is a real life application that if you have an idea about economics, you have been able assess businesses instantly and you will understand how the world really works when it comes to money and production.
sr. member
Activity: 756
Merit: 268
Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?

If we will stay ignorant about economics, we would have a hard time determining of the best ways on how we can make money on the most effective ways. It serves as a guide for every individual on their decision making which they will need for them to have a sustainable life. If they would disregard studying it, they may focus only on what they see and fail to see the bigger picture which can give them a better life. I am attracted to Economics because I consider it as an advantage from everyone who do not take a look at it before making a decision.
full member
Activity: 224
Merit: 100
Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?

Economics is a important subject which needs to be studied if you want to start creating your career in financial fields.
Economics teaches us a lot of important aspects including the problems and even the solutions to those problems.
Economics is a important subject in management studies.
sr. member
Activity: 1498
Merit: 374
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For me, studying Economic will increase your financial literacy, so it is important to know how market works, how your countries economy works, the law of supply and demand as we can apply it in our real life, even here in crypto as well, so it's really important to know things regarding it.
Not only that, studying economics will give you an in-depth knowledge of how the market itself works. Giving you more opportunities to formulate the best strategy of investing, allowing you to maximise your profits while lessening your losses. Aside from that, Economics gives you all the information you need in order to be more ready not only to take on the cryptocurrency market but quite others too.
hero member
Activity: 2100
Merit: 546
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 I feel like maybe it could be a governmental trouble if we put economics in the school, sure at college level I can understand it and its mostly high end mathematics but when you talk about economics there is politics involved as well, just to give an example how would a socialist country work with economics, how would a democratic socialist one, how does a capitalist one, how does a communist one, these are all economics as well. Teaching kids economics at a very young age should be regarding "saving money" and thats the key stuff, postponing pleasure in order to have a bigger relief at the end should be thought at a very young age in order to stop consumerism but we shouldn't bring politics into economics too much as well.
The subject of the economy is incredibly simple but it has become the battlefield of politicians because they believe that the natural behaviours of people should bend to their will and a basic study of economics says that is impossible, just to give you an example, most countries are heavily indebted, if that was anyone else then we will say that you need to cut your spending and begin to pay your debt, but governments want to believe they can spend all the money they want and suffer no consequences for it.

This is just a part of the problem and it doesn't involve only governments and politicians but bankers too.
However, economy is not that simple as it might seem and  economy also changed as society changed and new forns appears. Also, you can't be an expert in economy without study and without insight into past of economy and all its forms, legal basis, rules and everything and that is something that University will give you. Also, economy is very tiight connected with other disciplines so to be good economists it's not enough to be involved only with economy.
Not really, while the rules that we have today are different than the rules societies had in the past the same principles apply, that is why you can use the discipline of economics in many other aspects and not only when it comes to money and the markets, for example you can use the same principles to take decisions about your life and improve your life that way, I stand by what I said, the economy is simple it is just made to look more complicated so the bankers can steal our money with impunity.
It is the wrong idea held by the people in our societies that economy is related only to those who are bankers, traders, or people doing jobs in fields of maths etc. this is the interpretation of very wrong idea, I agree with your idea that economy can be applied to your daily life, and by applying it in your common decisions you can make things clear and easy for you. Coming to the point of its complexity yes it is very simple idea of managing the available resources with great care.
hero member
Activity: 1092
Merit: 501

 I feel like maybe it could be a governmental trouble if we put economics in the school, sure at college level I can understand it and its mostly high end mathematics but when you talk about economics there is politics involved as well, just to give an example how would a socialist country work with economics, how would a democratic socialist one, how does a capitalist one, how does a communist one, these are all economics as well. Teaching kids economics at a very young age should be regarding "saving money" and thats the key stuff, postponing pleasure in order to have a bigger relief at the end should be thought at a very young age in order to stop consumerism but we shouldn't bring politics into economics too much as well.
The subject of the economy is incredibly simple but it has become the battlefield of politicians because they believe that the natural behaviours of people should bend to their will and a basic study of economics says that is impossible, just to give you an example, most countries are heavily indebted, if that was anyone else then we will say that you need to cut your spending and begin to pay your debt, but governments want to believe they can spend all the money they want and suffer no consequences for it.

This is just a part of the problem and it doesn't involve only governments and politicians but bankers too.
However, economy is not that simple as it might seem and  economy also changed as society changed and new forns appears. Also, you can't be an expert in economy without study and without insight into past of economy and all its forms, legal basis, rules and everything and that is something that University will give you. Also, economy is very tiight connected with other disciplines so to be good economists it's not enough to be involved only with economy.
Not really, while the rules that we have today are different than the rules societies had in the past the same principles apply, that is why you can use the discipline of economics in many other aspects and not only when it comes to money and the markets, for example you can use the same principles to take decisions about your life and improve your life that way, I stand by what I said, the economy is simple it is just made to look more complicated so the bankers can steal our money with impunity.
sr. member
Activity: 798
Merit: 253
For me, studying Economic will increase your financial literacy, so it is important to know how market works, how your countries economy works, the law of supply and demand as we can apply it in our real life, even here in crypto as well, so it's really important to know things regarding it.
Economics is applied in every field and every phase of life. Even housewives need economics to deal with their house loads. Students need it to deal their own expenses. So, if you are entering into the field of business that will be important to know economics. As it will act as a basic guide for you and will lead you to deal with crypto market. Apart from reading and learning it applying it jn your daily life will make you a good trader.
sr. member
Activity: 1162
Merit: 260
Subjects like economics, family management, social responsibility, self-help should be taught in the basic school level.  In economics, I am not talking about the direct application using the formulas but it can be introduced in such a way that student get interested. Just by producing good economist one country can move to a better positon in just few years.
sr. member
Activity: 1638
Merit: 255
Basically economics is very important for those who want to be successful in their business or want to be successful as an entrepreneur, at least he must master economics. Because economics is something related to finance, so you have to work to meet the needs of family life, so the economic concept must be applied by anyone.
sr. member
Activity: 644
Merit: 253
For me, studying Economic will increase your financial literacy, so it is important to know how market works, how your countries economy works, the law of supply and demand as we can apply it in our real life, even here in crypto as well, so it's really important to know things regarding it.
hero member
Activity: 2086
Merit: 501
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If you like to do business economically you can study economics, but there are many successful entrepreneurs who do not go to universities that they are rich from their own experience as well as their bravery so the need to study economics is not necessary.

Also because they didn't waste their time on study on how they can earn money. They only have hardwork and of course strategy in life on how they can get a profit. Specially they've focus only on what their goal from non stopping until they achieve what they aiming for.
full member
Activity: 658
Merit: 117
I could put it simply, to understand market sentiments and help make better informed decision about investments or trading. Knowledge of either macro or micro economics can give very unique insights speculations can't afford.
hero member
Activity: 658
Merit: 500
Economics is the study of how economies, states, businesses, families, and individuals are allocating their scarce resources. Economics research can also provide useful knowledge to make decisions in everyday life. Thus, learning economics at university is good for future growth, when the student goes to society it will help him make good choices in life. Economics might also help in bitcoin or crypto to choose which projects to invest in.
sr. member
Activity: 1050
Merit: 377
The economy is useful primarily for understanding how the modern financial system of which works for many years. Each individual must understand what currency support is, and how the financial system is deceiving billions of people. How banks deceive billions of people, and how the financial stability of weak and medium-sized countries depends on the subsidies of the strong.
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