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Author Topic: Why we must study Economics at University?  (Read 52735 times)
suvo05
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January 20, 2020, 04:23:29 PM
 #881

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.

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January 20, 2020, 05:17:05 PM
 #882

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.
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January 23, 2020, 01:36:52 AM
 #883


 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.
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January 24, 2020, 01:46:41 PM
 #884


 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.

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January 24, 2020, 03:43:21 PM
 #885

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.

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January 24, 2020, 03:46:19 PM
 #886

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.
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January 24, 2020, 05:30:05 PM
 #887

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.
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January 24, 2020, 09:37:54 PM
 #888

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.
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January 25, 2020, 08:11:44 AM
 #889

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.
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January 25, 2020, 09:16:20 AM
 #890

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.

 
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January 26, 2020, 02:54:51 PM
 #891

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.
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January 26, 2020, 05:03:15 PM
 #892

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 .

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January 26, 2020, 05:17:53 PM
 #893

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.

R


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Magkirap
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January 26, 2020, 05:59:17 PM
 #894

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.



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Rainbot
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January 26, 2020, 06:27:51 PM
 #895

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.

I agree with your point of view that these subjects should be taught to everyone in their schools as a compulsory subject because almost all of the people no matter from which field they belong are affected by the economics of the country so they will be familiar with the situations. It is also noted that all of the people from different fields when get some money want to start their own business so they will not face any issue in their economics affairs of their businesses.
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January 27, 2020, 05:59:15 AM
 #896

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.
One of the things that never cease to amaze me is that people spend a great deal of their lives learning all kind of knowledge about different disciplines but they never spend the time to learn how the economy work so they can make use of their money in a more effective way, and this shows especially in this market in which most people do not really understand why bitcoin was created and they only want to earn money with it but are unable to do it because of their lack of knowledge about the economy.
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January 27, 2020, 07:34:32 AM
 #897

Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?

to knowing development in some country, and it is international forum regarding about bitcoin, so you can find kind of question and answer about bitcoin. and its not only online, sometime you will find some offline case.
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August 11, 2020, 07:38:01 AM
 #898

Most probably in this section are users that are interested mostly in Economics, so I want to know why Economics attracts you?

Well people want to get rich and i do think the best way to get rich is by doing a businesses and doing what we know about economics. I do study economics and i do think it do changes even though its only a bit. I do think its easy when you know the key how to earn a money, and there is a lot way to earn money, a decent one , like doing a trading, or even persuade someone to do a businesses with you.

This post related to why we must study economics at university is a great topic. You can read more about tyler1 girlfriend
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August 11, 2020, 09:24:17 AM
 #899

economics learns about financial control, and it is very important in everyday life in society when you become an adult.  You have to survive and keep going to be a winner in the cruel world of business.  Economics will teach you that.

continue to explore your potential to be able to maximize existing opportunities.
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August 11, 2020, 09:45:30 AM
 #900

I think one of the reasons i visit here is that people tend to say things or share ideas that are interesting... And ofcourse "economics" is very applicable in cryptocurrency world, and it's important part of our lives.  I think it is better to be part of things that are good and useful to people's lives while spending time online.
 I never really enjoyed "school economics" but i guess I enjoy it on this section.
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