Economist Perspectives

Well an economist is derived from the word economy, which is generally the relationship between demand and supply sharing scarce resources and to explain how wealth is created and distributed in communities. Economist generally analyze international business and world affairs by delivering their information through a range of formats, such as magazines through researching trends, analyzing data, evaluation of economic issues and various economic trends. Through economists we are able to be kept up to date with the latest trends in the business world.

Every economist is focused towards economic development which involves development of human capital, increasing the literacy ratio, improve infrastructural development, improvement of health facilities and safety of others areas that aims at increasing the general welfare of all people. This is only achieved when the nation is willing to practice modernization and industrialization. If economics can help reduce unemployment, then it can make a big improvement to economic welfare.

One man trying to make this achievable is Christian Broda. He started his career after completing his Ph.D. in Economics at Massachusetts Institute of Technology, in the year 2001 June. He is currently the Managing Director at Duquesne Capital Management. He is therefore well known for his wide research on numerous articles and books on international finance,macroeconomics and trade which normally features in the press and published in top economic journals. Christian Broda on wikipedia strongly believed that United States dollar will remain the primary world currency of choice though many have predicted the fall of the dollar.

Economists always focus on the movements and trends in the economy as a whole, analyzing the structure and function of large-scale economies as a whole, whether regional, national or global enabling them to seek and understand the fluctuations in business cycles and elements that will contribute to economic growth, laying a foundation for economic policies for the government and businesses. To understand this economists construct models that predict market behavior of the future, usually mathematical in nature, they draw diagrams based models to illustrate market dynamics or the flow of money in an economy.

Economics is important for many areas of society. It can help improve living standards and make society a better place. Economics is like science in that it can be used to improve living standards and also to make things worse. It partly depends on the priorities of society and what we consider most important.Through economics, people and countries become wealthy. Because buying and selling are activities vital to survival and success, studying economics can help one understand human thought and behavior

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Sep
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