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Economics in our life

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Экономическая теория и математическое моделирование

Much time was spent by people on the study of economics. This is a very ancient science. It existed even before emergence of electricity, cars and means of communications. But economics as the academic discipline is rather new.

Английский

2015-03-10

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10104214 Levchuk Nastya

Economics

Life in the modern world is an endless running. We live in an accelerated rhythm of life. We are obliged to save time, because time is our money. Many people in the modern world often ask the question: « What is economics? Why is it necessary for ordinary people? » If we want to understand this, we must turn to the definition of the word "economy", which is given in any school textbook or dictionary Economics-- a science concerned with the process or system by which goods and services are produced, sold, and bought.

We can find the following definition of the word "Economics" in the Oxford dictionary: « The branch of knowledge concerned with the productionconsumption, and transfer of wealth

This science has many branches, such as microeconomics, macroeconomics, international economics and so on.

Thus, we can say that the economics is one of the most important components of our life. Much time was spent by people on the study of economics. This is a very ancient science. It existed even before emergence of electricity, cars and means of communications. But economics as the academic discipline is rather new. Every day we see the economics around, but it has become so familiar and commonplace that people just do not notice the obvious.

But after all, what the goal of the economics, what problems it decides? In my opinion, the economics has a lot of goals, but the main goal is economic growth. Achievement of this purpose provides growth of the income of the population, level of their life. Full-time also is one of the most important goals of the economics. All able-bodied citizens should have a job. At least, we should strive to do so.

In conclusion, I want to point out that the economics is an integral part of our lives. It has a huge role in modern society. Perhaps, it will sound very loudly, but I think that the economy operates the world. It is difficult for us to present the modern world without economics. Now, perhaps, the economy is something more than just science.