Boost of Economic Prosperity Essay Example | Topics and Well Written Essays - 250 words

Boost of Economic Prosperity - Essay Example Every field demands effective decision making that enables the producers to conduct their business with the least amount of resources. It was Adam Smith’s theory of the â€Å"invisible hand† that facilitated the comprehension of the mechanics of a society in the simplest manner. The knowledge of economics not only benefits one professionally, it also helps to know the difference between right choices and wrong ones on a personal level. It facilitates the comprehension of the global ongoing activities in the economic sector and how everything affects the life of a common man. Specifically, the global depression has changed the world and has made the common man suffer due to few wrong choices by decision makers in the economic arena. I aspire to attain greater knowledge in the field of economics and acquire a Masters degree to comprehend economic activities to a greater extent and devise solutions to reduce the effect of wrong decisions. I shall be very grateful if you grant me the admission and help me pursue my dream of acquiring further education.