UrbanPro
Login Ask & Answer Success Stories Paid Courses Free Classes Tuition & Classes Fees Write a Review All Categories Help Center
Post your Learning Need Signup as a Tutor
✕

Popular Cities

Bangalore

Hyderabad

Delhi

Mumbai

Chennai

Pune

Kolkata

Gurgaon

Ahmedabad

Jaipur

Noida

✕

Take BA Tuition from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Book a Free Demo

BA Tuition > Learn BA Tuition > How can Economics help improve living standards and...
✕

Search in

How can Economics help improve living standards and make society a better place?

Asked by Last Modified  

17 Answers

Learn BA Tuition

Follow 0
Answer

Please enter your answer

MBA And BBA Tutor with an extensive Industry & Training experience of more than 15 years

Economics is a Subject that is concerned with utilizing scare resources in an efficient and effective manner for generating optimum benefit out of it. Know if we all use our scarce resources considering all the resources means everything land, labour, capital and organization we will use it economically....
read more
Economics is a Subject that is concerned with utilizing scare resources in an efficient and effective manner for generating optimum benefit out of it. Know if we all use our scarce resources considering all the resources means everything land, labour, capital and organization we will use it economically. Say suppose I am paying for my electric bill but if I consider that electricity, power is a scarce resource for the economy then I could save power and my money and that saved power could have been utilized by some one else who is in more need of power than me. Economics is very practical subject which is applicable in our daily life so we should understand it from ground level only. I hope I have tried to make you the concept clear for more information contact me. read less
Comments
Dislike Bookmark

Trainer

Economics is the social science that studies economic activity to gain an understanding of the processes that govern the production, distribution and consumption of goods and services in an economy.
Comments
Dislike Bookmark

Expert in commercial studies and accountancy

To make society a better place, requires more than "Economics". However, the Economics is one major subject which enables direct study of the Human Behavior in generating income for self as well as for the nation through production, distribution etc. of National wealth.
Comments
Dislike Bookmark

understanding the needs of child, his dreams and happiness...motivational teacher cum friend

By educating people about growth of economics
Comments
Dislike Bookmark

Trainer

It is very simple if we know the growth of population follows the geometric proportion and food grows by arithmetic. And control the explosion of population then we will become superpower truly.
Comments
Dislike Bookmark

Tutor

Let us separate the two things you are asking about. First, economics surely will help improve the living standards. And that is possible because it teaches you how money moves in the economy and how it brings along improvement in general living standard along with it. For example, imagine a society...
read more
Let us separate the two things you are asking about. First, economics surely will help improve the living standards. And that is possible because it teaches you how money moves in the economy and how it brings along improvement in general living standard along with it. For example, imagine a society with just Rs. 100 but may be five different people. If one of them owns the money, Rs. 100 is as good as Rs. 0, because the others will figure out a way to live with out money. But if it is indeed, like in reality, spread among five people, then they might want to work for each other, work with each other, with the goal of making their share of money bigger (because, the one with more money can afford to relax (or in other words, money gives power)). Now, the second part of the question is the tricky part--economics making society a better place. There are arguments in favor of that proposition and against that proposition. Replying here may not be sufficient to explain that. read less
Comments
Dislike Bookmark

Economics is a subject which studies the human beings in their ordinary business of life. According to Robbins economics studies the relationship between wants and means which have alternative uses. By utilizing the resources in the most efficient way and by increasing the production of goods needed...
read more
Economics is a subject which studies the human beings in their ordinary business of life. According to Robbins economics studies the relationship between wants and means which have alternative uses. By utilizing the resources in the most efficient way and by increasing the production of goods needed by the majority of the people and by removing the inequalities the standard of living can be improved. read less
Comments
Dislike Bookmark

Application oriented with 10 yrs exp

Before answering this question let me to question you. I dont know where you are residing. But, what is the monthly income/Exp/savings/invest of (i)you (ii) Your circle (iii) Your taluk (iv)your district (v) state (vi) India Where all ur taxes are gone? What is the total tax you are paying per day?...
read more
Before answering this question let me to question you. I dont know where you are residing. But, what is the monthly income/Exp/savings/invest of (i)you (ii) Your circle (iii) Your taluk (iv)your district (v) state (vi) India Where all ur taxes are gone? What is the total tax you are paying per day? Now tell me, how using economics, how can you make the society better read less
Comments
Dislike Bookmark

Post graduate with Economics ( SSC 2013 clarified)

Answer of your question is inside the meaning of economics, because it tells us how to fulfill our wants when the resources are limited with an efficient level of satisfaction.
Comments
Dislike Bookmark

Analyze the cause of Main Issues
Comments
Dislike Bookmark

View 15 more Answers

Related Questions

I am a tutor what should I charge for English tuition X ICSE in Mumbai home tutions for 2 hours.
You can charge Rs. 250 per hour.
Sneha
muje english sikni h
Get good english books on modern prose and sit with a dictionary. Note diwn meanings and you will learn new words and try to apply them when you talk. Good luck
Balram
How can I speak English fluently?
Speaking English is a habit. you have to read News paper, watch Television shows and talk to those people who speak English. It is best for you if you take short course from our Center.After attaining it, will will speak excellent English.
Sarika
What should be the fees per month for MSc and BTech Biotechnology / Microbiology?
Maximum tutors charges per hourly for higher classes depend on the stream but definitely more than â?¹700 per hour
Mitali C.
How to explain the self introduction in interview?
The first step would be to : 1) Greet the interviewer 2) Give your name 3)Place where you reside 4)Your academic qualifications 5)Name of your institution 6) Awards and Accolades 7)Major Subject 8)...
Ragini

Now ask question in any of the 1000+ Categories, and get Answers from Tutors and Trainers on UrbanPro.com

Ask a Question

Related Lessons

Fluid mosaic model Basic features

Mohit Kumar

0 0
0
How to have a stress free mind
We all have been through stress at some or the other point of life. It might result in different states of mind. The mind which does not exercise healthy thoughts is prone to much stress than a mind which...
S

Srikanth Bala

0 0
0
How to Develop Interest and achieve anything that you want to do in life
Life is quite easy and simple. Anything that you want to learn becomes easy only when you start developing interest and love towards it. You can start loving about anything only when you have a clear and...
S

Srikanth Bala

0 0
0
01 Introduction to Computer networks
Introduction to Computer Networks:

Himanshu K.

0 0
0
All About Programming And A Good Programmer.
Hi, This is my first lesson for you guys. Hope you enjoy reading it. In recent community questions, I found many people wanted to be good programmers, or wanted to have good hands on certain language,...

Prateek

0 0
0

Recommended Articles

7 key skills to develop while you are in college

Whatever you learn in college is no doubt very important and forms the base for your future professional career. However, lack of hands-on experience, business oriented skills and interpersonal skills, among fresh graduates are making them unfit for employment in competitive business environment. Today organizations operate...

Read full article >

10 Tips For Your College Dissertation Project

Whether you are doing graduation or post graduation, no college student can escape from the misery of college dissertation. College dissertation is a detailed research project on a topic of your choice, approved by professors. At the beginning of the dissertation you have to set a hypothetical aim and at the end, you have...

Read full article >

Common Rules to Follow for College Students

During the last days in school, every student waits for their college life. It is, of course, exciting to get admission in your dream college with the course you wanted to pursue. Its your effort and struggle that makes you part of the college that you aimed for. Yet, once the first month passes all students forget their...

Read full article >

6 Bachelor of Arts (BA) Subjects That Promise...

Most of the students decide what stream they are going to choose at the school level. Science, commerce and arts are the main fields, and students need to choose any one between these three. Although there are many such professional courses available, most students like to select one of these three streams. In college,...

Read full article >

Find BA Tuition near you
BA Tuition in Delhi
BA Tuition in Bangalore
BA Tuition in Kolkata
BA Tuition in Hyderabad
BA Tuition in Mumbai
BA Tuition in Chennai
BA Tuition in Pune
BA Tuition in Chandigarh
BA Tuition in Noida
BA Tuition in Gurgaon

Looking for BA Tuition ?

Learn from the Best Tutors on UrbanPro

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for BA Tuition Classes?

The best tutors for BA Tuition Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Take BA Tuition with the Best Tutors

The best Tutors for BA Tuition Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more

ThinkVidya Learning Pvt Ltd © 2010-2024All Rights Reserved