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Economics

Economics is the study of how people choose to use resources.Economics includes the study of labor, land, and investments, of money, income, and production, and of taxes and government expenditures.The employment options open to those who specialize in economics are manifold. To begin with, government enterprises, public undertakings, banks, finance and investment firms, business journals and newspapers and the private sector throw up many avenues of employment in various departments.

The Study of Economics Includes:-

  • The study of economy of a nation
  • The study of scarce resources and their management
  • Study of forces of demand and supply


Objectives of Studying Economics :-

 

  • Finding solution to local as well as global issues
  • Optimum utilization of resources of a nation
  • To know that how does an economy works
  • To get prepared to build up a career in the field of economics
  • Enriching and enhancing research based knowledge

Career in Economics:
Research assistants for banks; brokers for brokerage and investment firms; actuarial careers for insurance companies; pension funds or government agencies; teaching at college or university; teaching elementary or secondary school; working for local, provincial or federal government; manager for human resources; industry relations and labour officers; law; market research; private research and consulting; forensic economics; international economics.

 

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