Saturday, September 29, 2018

Experience of economics in daily life

After writing blogs attending every sessions in class, i felt very interesting to connect our daily life incidents with economics, while earlier i used to wonder how economics works in practical. This course has helped me to develop the connection within myself about economics and daily life incidents we come across. I learned about different types of markets, returns to scale, returns to scope, diminishing marginal utility and many more by relating to real life incidents, from companies using different strategies to markets and consumer behavior according to it. Economics has always been a subject but with this exposure economics has become easy to understand, relate and connect.

No comments:

Post a Comment