What is economics?
• You may never have studied economics before, and yet when you open a newspaper you will see the topic about economy or when you open television.
• People often think economics is about Money, Demand, Supply, Bank, Stock.
What do you think?
The fact is that economics affects our daily lives. Local, national and international economic issue
such as:
• Price increases
• Interest rate changes
• Fluctuations in exchange rates unemployment
• economic recessions
• or the effect of globalisation
We are also continually face with economic problems and decisions of our own.
• What should I buy in the supermarket?
• Should I save up for a summer holiday trips?
• Should I go to university or continue to study master degree after graduate bachelor? Or should I try to find a job now?