Economics and its Importants

1. Economics And It's Important

2. Economics Definition
Vital concern to society. Economics is the
study of scarcity and its implications for
the use of resources, production of goods and
services, growth of production and welfare
over time, and a great variety of other
complex issues of

3. Important For A Country
Economic growth increases state capacity and
the supply of public goods. When economies
grow, states can tax that revenue and gain
the capacity and resources needed to provide
the public goods and services that their
citizens need, like healthcare, education,
social protection public services.

4. Important For A Student
The study of economics equips students with
valuable knowledge to make everyday life
decisions. The emphasis on case-based
learning gives students the ability to solve
problems such as financial investment
opportunities, the likely impact of public
policies including universal healthcare and
career progression.

5. Important For A Business
Small and large businesses drive economic
stability and growth by providing valuable
services, products and tax dollars that
directly contribute to the health of the
community. They also provide jobs,
strengthening the economic health of each
community where a business is based.

6. Thank You
Name: Sony
Trade: Marketing Executive