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All you wanted to know about choosing your career!
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Globalisation & merging of world economy has widened the career prospects of economics student in business, education, government & the non-profit sector. Economics aims at carrying out activities in such a manner to obtain optimum benefit by allocating resources like raw materials, land, capital, technology & labour. It is categorised under two main segments - Macro and Micro Economics. The former deals with broad trends that affect investments and overall economic scenario such as inflation, unemployment, price indices, GDP etc. The latter deals with incentives and motivation typical to business scenarios and would be more helpful to entrepreneurs and individuals. Demand-supply, marginal utility, etc fall under the microeconomics segment