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Please help with my homework?

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"in the midst of an economic crisis our country is facing today, why is there a greater need to study economics?"

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  1. Greater and much deeper study of economics and the use of economic tools will help analyze the causes of the economic crises and develop proper economic policies and strategies to overcome the economic crisis.

    1. One needs to become more competent in economic analysis,

    2,. One need to understand the reasons that led to the crisis and the underlying economic forces and their dynamics.

    3. One needs to develop and design more effective strategiies to overcome the crisis through masterly application of economics knowledge and applicattion of economic tools.

    4. One needs to apply economic logic in order to remove political inhibitions and sentimental factors that inhibit removal obstacles from economic resuregence.

    That is why the study of economics has become all the more important. We need to be economically efficient, renmove barriers to ecconomic efficieny, gretar competion, better resource allocation and optimisation of saving and investment and protect the economically weaest amon the weak,


  2. Because we need economics to guide us out of this rut, that were in i mean if there were not  any economist we would go about doing the same thing make the problem worse

    To make an example i would say its like there is this new killer virus out to solve the problem we need more scientist on the problem

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