Wednesday, August 1, 2012

Is economics difficult to understand?

Whether or not economics is difficult to understand will depend very much on individual aptitude and interest. Also prior knowledge of some concepts applied in economics is also important factor in determining difficulty of understanding economics.


In general, the basic concepts of economics are simple and interesting for most of the people who have undergone about 10 to 12 years of school studies. It does involve some amount of logical reasoning. It also involves some simple mathematics, particularly use of some simple graphs. Economics up to this level is definitely within understanding capabilities of any average student. It is also likely to be useful to all students irrespective of their other academic interests.


As one moves towards more advanced concepts of economics, the logic tends to become more complex, and use of more complicated mathematical analysis becomes necessary. At this level economics can tend to become boring and difficult for those who are not interested in it. Still someone who is determined to understand this subject for some reason or other should be able to manage fairly well.


Beyond certain stage, economics can become too complex using advanced mathematics. It is best that people who are not really interested in this subject stay away from such levels of economics.

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