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The ultimate purpose of economics is part 2  to motivate people so they work harder.

What is the overarching goal of economics?

The main goal of economics is to assist people in making wiser decisions. This includes cutting waste, achieving objectives more quickly, obtaining more, and fixing mistakes. Economists assist companies in boosting their earnings. Consumers consult economists for advice on what to buy and how much effort to put in.

What are the two main justifications for studying economics?

There is economics everywhere. Everyday existence depends on economics, and it also serves as a doorway to the future.

Make a difference. You can use economics to influence positive change.

Obtain a global perspective.

Develop talents that are transportable.

Improve your chances for a job.

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