Why+Study+Economics?

We study economics because it helps us get and excel in careers, helps us to solve the worlds problems, and allows us to understand the past as well as predict the future. Concepts learned in economics prepare you for many careers, including those on the graph below, many of which can be high paying and will help you to maximize your own utility. Economics is also a powerful tool that can be used to help solve problems around the world, such as unemployment, poverty, and pollution. As these are all very important concerns today, economics is a very relevant field of study. Economics can also be relevant in anyone's daily life, teaching them to make the most rewarding choices in many situations presented to them.

One of the many uses of economics is to understand why things happened the way they did, for instance, the stock market crash and the following depression during the the 1920s and 30s, understanding things like this allow us to find the way to best prevent things like these ever happening again. This aspect clearly makes economics worth studying as things such as depressions can be very destructive and should be prevented when possible.

Study in Economics can prepare you for a variety of careers, inluding these. (Image from http://whystudyeconomics.ac.uk/jobs/jobs.htm)
 * Work done by employed economics graduates (including self-employed) who graduated in 2002**[[image:prospects2.gif]]

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Some helpful links http://economics.about.com/cs/studentresources/a/why_economics.htm http://www.itasca.k12.il.us/peacock/7team/peel/whyecon.htm http://www.wmich.edu/economics/ug/whyecon.html

Sample Problem: Which of the following is not a reason we study economics? A. It helps to prepare us for a variety of careers. B. It helps us understand the past. C. Economics is just another one of those cults I keep hearing about. D. It teaches how us to maximize our own utility.

The correct answer is C.