We use economics on our everyday life. It affects almost everything. A good example of this is our daily spending or how much we will pay for a particular goods or services depending on its demand. Economics also gives us idea about how our economy runs, inflation rates, job opportunities, etc.
Economics has good scope if you study economics you can get a good job easily. In other marketing jobs to become a creator an investor you must have ideas how much amount need to spend and how much to save then you will know the profit ratio. In this way economics has important role in every businessman’s Life. Economics teaches us financial controls and help us to improve our profit making skills by giving you ideas about business and profit making so economics is a good subject to study in universities.