why bother studying economics. What is, in your view, the correct perspective

Instruction:

  1. Open a new thread and answer the question posted below. Your answer should be in the form of a mini-essay between 200-300 words.
  2. Read and respond to at least one of the your other classmates’ posts.

Question: Many think that economics is critical to individual success in life. Others argue that there are lots of people who are rich and happy without ever studying economics—and so why bother studying economics. What is, in your view, the correct perspective?

 
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