India, March 22 -- Economics is not just a subject; it is a way to view the world differently. This subject helps you understand how societies allocate resources, make choices, and prioritise needs and wants. Simply put, this social science subject studies the production, distribution, and consumption of goods and services.

If you are confused about whether Economics is your subject or not, then you need to know these reasons before you opt for it. Harvard Business School shares these reasons for studying economics. Check here.

a. You'll Expand Your Vocabulary: Economics will help you improve your vocabulary. It will give you fluency in fundamental terms to understand how markets work. Your go-to language will be words like scarcity, op...