Question

Describe your impressions of economics before you took this course, and compare/contrast that to your current ideas of economics.

Answer 1

Economics is a social science which deals with production, consumption and distribution of good and services.

Before I joined in course study Economics. I just planned a course to learn easy and useful in life and Career. At that time I is a think Economics is a social science it contains lot of theories related to money, development, national income, export and import etc.which may showing the social and economic life of a people and country.

Although, today's My view on Economics is completely different, Firstly considered the area of study Economics, How much its vast and scatterd all aspect of human life rather than environment and astronomy. For instance , instead of Economics is a one circle now that will be micro, macro, international, development, social sector, environment, education, industrial, health, migration, mathematical,labour, econometrics,regional economics such as Indian Economics, European , Chinese, American etc. And so on. Secondly my view on scope and important of Economics change over the time I learn more about this subject. Now I understood it's an inevitable part of sustainability of not only the Economys but human and nature sustainability. Finally the way and methods of study Economics.I think it's just a theoritical study. However now days I know it's an analysis and understanding of factors relating to the subject, it's consist of lots of mathematical, statistical application and modelling of the theory.

To recaptualative, now I feel Economics as an ocean of known and unknown fact related to life in a whole cosmos.Economics study from micro level of attributes or factors to macro concern.Now I feel proud, myself to select course Economics as my choice of study.