Department OF Economics
Detail
There is no decision, public or private, personal or social, local or global, that is not influenced by the perspective of an economist in one way or another. As a science of allocation, production, distribution and consumption, Economics served, for all practical purposes, as a harbinger of peace and justice from time immemorial, particularly by enhancing production capabilities and devising equitable distributional systems. Economics diagnoses any ills that might arise in the economy and endeavors to present a timely cure thereby preventing any spell over that could weaken parts of the social system on which the whole edifice of a nation stands erected. Thus economics assumes the role of a pillar without which a building would collapse, sooner or later.
Department
There is no decision, public or private, personal or social, local or global, that is not influenced by the perspective of an economist in one way or another. As a science of allocation, production, distribution and consumption, Economics served, for all practical purposes, as a harbinger of peace and justice from time immemorial, particularly by enhancing production capabilities and devising equitable distributional systems. Economics diagnoses any ills that might arise in the economy and endeavors to present a timely cure thereby preventing any spell over that could weaken parts of the social system on which the whole edifice of a nation stands erected. Thus economics assumes the role of a pillar without which a building would collapse, sooner or later.
