The advantages derivable from the study of Economics include the following:
(i) The study of Economics enables individuals to understand the basic economic Concepts and problems thereby helping to take rational economic decisions such as production, consumption, distribution, and exchange.
(ii) The study of economics develops the power of critical thinking in the individual.
(iii) Economics enables an individual to understand current economic issues and inculcated the sense of economic analysis in the learner.
(iv) The study of Economics enables people to choose a career.
(v) Economics empowers an individual to contribute his own quota towards the economic development of the society.
Veterinary medicine is the branch of medicine that deals with the prevention, diagnosis, and treatment…
Anthropology is the scientific study of human beings and their cultures. It encompasses a wide…
Sociology is the scientific study of human society, culture, and behavior. It examines the social…
Social Work is a profession dedicated to helping individuals, families, and communities to cope with…
Religious studies is an academic discipline that explores the beliefs, practices, and history of various…
Public administration is the field of study and practice that focuses on the organization and…