During engineering in 3rd semester we had a paper of basic economics, that time only I had learnt some basic economics terms and concept but here I have learnt how these economics concepts plays a vital role in our day to day life.Even By using these concepts we can predict certain things in business which I have learnt in simulation. How to decide price and strategy in any market and how to sustain in market with competitors.so I believe economics is everywhere starting from purchasing a simple dress to manage a business in the market. Personally I like the subject and the concept implementation in real life.
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