69. Are people who have economic training in demand in modern society?

People who have economic training are in demand in modern society because economics plays great role in our life. The study of economics helps to understand the society and its economic forces better and enable to live a fuller life.

Economists are employed in banking, finance, accountancy, commerce, marketing, business administration, lobbying and non- or not-for profit organizations. The importance of all this organizations is considerable in modern society.

Unfortunately, nowadays the economy of Ukraine is not well developed. I believe that rapid changes in industrial and market structure in the economy of our country will greatly increase demand for highly skilled specialists with sound expertise in this area, thus providing an opportunity for a successful career in both private and public sectors.

I am very grateful to my Alma Mater for teaching me how to survive in a highly competitive and challenging environment through persistence and hard work.

70. Why is the economist’s education never really finished?

Nowadays the profession of an economist has become one the most useful, modern and interesting. That is because our country has market economy.

An economist executes different functions. He or she can determine the structure of an enterprise and calculate costs as well as probable profits. An economist analyses the condition of the market and prospects for its development in the future. They study such disciplines as accounting, insurance, banking, management, macroeconomic analysis, microeconomic analysis or financial statement analysis, statistics or some types of applied mathematics. These subjects help to become a high quality economist.

As society and the economy is not standing still, then the profession of an economist is not limited to once acquired knowledge. The economist must constantly improve his/her knowledge, meeting the environmental change. That's why economist’s education never really finishes.

Anyway, I am sure in order to be a successful and prosperous economist I must be very hard working.

.1. What is economics?

2. What does the term “need” mean?

3. What is “a demand”?

4. What does economics deal with?

5. What is the difference between goods and services?

6. What kinds of goods do you know?

7. What are capital goods?

8. What does the term “value” mean in economics?

9. What is the reason people cannot satisfy all their wants and needs?

10. What are the factors of production?

11. What does the term “land” mean?

12. What does the term “labour” mean?

13. What is a wage rate?

14. What are the factors affecting the wage rate?

15. What is the difference between physical and financial capital?

16. What is entrepreneurship?

17. What is an economic system?

18. What are the major kinds of economic systems?

19. What is a command economy?

20. What disadvantages does the command economy have?

21. What is a market economy?

22. What advantages does a market economy have?

23. What is a modern market?

24. How do economists classify markets?

25. What is pure competition?

26. What is monopolistic competition?

27. What is monopoly?

28. What is demand?

29. How do prices affect the quantities demanded?

30. What factors is demand influenced by?

31. What is supply?

32. What factors is supply determined by?

33. What is money?

34. How do sellers and buyers use prices?

35. Why do buyers and sellers have the opposite intentions and hopes?

36. What is market equilibrium?

37. What messages do price increases and decreases send to producers of goods and services?

38. What role do prices play in a market economy?

39. What forms of money are in use in the world today?

40. What does the term currency refer to?

41. What are the most important characteristics of modern money?

42. What is a progressive tax?

43. What is the main source of government revenue?

44. What is the difference between tangible and intangible property?

45. What is a tax assessor?

46. What is the main purpose of a business organization?

47. What are the major types of business organizations?

48. What is a sole proprietorship?

49. What is a partnership?

50. What type of economy does the USA have?

51. What role does international trade play in the US economy?

52. Why are transportation-related businesses considered to be an important part of the service industry?

53. What can you say about the US agriculture?

54. What place does the United Kingdom hold in the world and in Europe?

55. What type of the economy does Great Britain have?

56. What did the British government decide about euro?

57. What are the main branches of Ukrainian industry?

58. Why is steel industry the most important sector of the national economy?

59. What does Ukraine import?

60. Why is Ukraine dependent on energy imports?

61. What factors make Ukraine’s agriculture one of the key economic sectors?

62. What products does Ukraine export?

63. What criteria do you think people use when they choose their future profession?

64. What has inspired you to choose this speciality?

65. What is your future speciality?

66. How long does the course of study last in your university?

67. Why is the economist’s education never really finished?

68. What position would you like to hold?

69. Are people who have economic training in demand in modern society?

70. What subjects do you consider to be the most important for you to gain your professional skills?