Admission Essay.
Economic problems are an all-round and integral part of our everyday activities. While many life issues, such as unemployment, global competition in world market, debates about free trade agreements, the benefits of alternative pollution control policies, etc are considered to be fundamentally economic in their nature, many other political, social and environmental problems have significant economic factors and consequences. It proves that studying economics is important in order to understand the world in which we function, interact and develop as humans and parts of the global society as well as be better equipped for a beneficial participation in the global ...