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Today, online education is the need of the hour. As the world is battling against a pandemic and is forced to stay at home, education is suffering. To help education continue, the concept of online learning is starting to gain importance. With the advancement in technology, we see online learning growing with time. Online education has scaled up in a massive way. For students who are interested in the subject Economics, but are finding it difficult to attend classes offline, online education is an opportunity for them to continue studying the subject comfortably and safely in their homes.
Economics has a major role to play in our everyday life. According to Collins English Dictionary, “Economics is the study of the way in which money, industry, and trade are organized in society.” It is considered a social science because it implements scientific methods to prove how scarce resources are traded inside a society. People who study economics, have to deal with theories and techniques that are involved in developing policies in government. They understand that the cause and effect relationship plays a major role in influencing the growth of the economy.
When we look at Economics from an individual perspective, it helps us in making decisions about work, consumption and savings. We start thinking logically and are able to make strong financial decisions that benefit us.
Economics can be broadly divided into two types:
The Economic Systems can be divided into four types:
When we use Economics in the real world, it is called Applied Economics. It describes the way economic theories can be related to real-world situations. Applied Economics perceives everything from cost and benefits in order to make a decision.
Economics is a very important subject that is required in practical life. To understand its importance better, let's look into some more reasons:
Helps in decision making:
Economists provide information that helps the government and companies to make important decisions. This information that is collected by economists is known as “economic intelligence” which is gathered through data and modelling.
Influences daily lives:
Economic problems influence the daily lives of people. Important matters such as tax, inflation, inequality, interest rates, market competition are influenced. Economics helps us find solutions to all these problems and sort our lives accordingly.
Influences business progress:
Understanding the behaviour of the consumers is very important for a business to earn profits. Economists make use of theories and data to understand consumer behaviour and help businesses take decisions as per the requirements. This helps the businesses make strategies that help them satisfy the consumers.
Helps to make International decisions:
Economics plays a vital role in understanding domestic and international viewpoints. It provides information about the varied culture and societies that help in international understanding. It is very important to have knowledge about the world economy while making international decisions.
A degree in Economics helps is acquiring a lot of skills that employers always search for while hiring employees in a particular company. These skills include the following:
When you have a degree in economics it helps in becoming a professional economist. However, economic graduates also have other job options, in case they are not interested in becoming an economist. The other job opportunities include the following options:
If you are looking for tutors who can help you understand the technicalities and logic involved in the subject Economics, Superprof is the solution. It is a reliable online forum that helps the students to understand each subject in a better, easier and more fun manner. It is believed that in order to love a subject and learn with interest, a teacher plays a major role. Superprof has teachers who are skilled and are always ready to help their students out. You do not need to face any complications while finding the perfect tutor. All you need to do is enter your area pin-code, and Superprof will show you all the teachers who are best suited for the subject and will help you perform better. You will also find information about the teachers on the website which will help you know more about your guide. Since Economics is a subject that requires logic and thinking, a tutor who will help you find your answers, is necessary. With Superprof, every student who is interested in the subject and wants to learn more is able to find the best Economics teacher and get in-depth knowledge.
There are a number of possibilities:
27,034 tutors offer economics classes online
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27,034 economics teachers offer online economics classes.
You can check out their profiles and select the tutor that is most suitable for your learning needs.
The average price for online economics classes classes is ₹752 .
The rate will vary based on a number of different factors:
97% of teachers offer their first lesson for free.
Online classes are on average 20% more expensive than face-to-face classes.
On a sample of 2,720 rankings, students give an average grade of 5.0 out of 5.In the event of a problem with a course, our customer service team is available to find a quick solution (by phone or email five days a week).
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With so many of our connections being formed and maintained via online channels, online learning is becoming more and more popular with students.
It’s easy, since both students and teachers have already mastered the digital tools that are used to facilitate online lessons.
It’s safe, simple and convenient. Wherever you are, you can connect with a teacher suited to your needs in just a few clicks.
27,034 Economics tutors are available here to help you.