Question

According to the quote, why does this economist think students should study economics? to learn how to make good economic decisions to limit future possibilities to learn how to become US politicians to become equipped to understand their dreams

Answer 1

William Poole is the Former President and CEO of the Federal Reserve Bank of St. Louis. An excerpt in his "President's Message: The Importance of Economics Education" reads:

"As participants in a global economy, the young people of today and tomorrow will face a plethora of possibilities that our generation could only dream about. It is our duty to give them the tools they need to make the best choices among these seemingly infinite possibilities. And, although I am perhaps a bit biased (probably more than a bit!) given my background, I believe that economics can provide such tools unlike any other discipline. "

Poole thinks that the future generations will be facing greater challenges, and he wants them to be ready for these challenges. He believes that economics can provide tools that no other discipline could ever provide.

The right answer is: 'To learn how to make good economic decisions'

I hop this helps. Have a great week!

Answer 2

Based on the quote, the economist does think that the students should study economics as to be able to learn how to make good economic decisions. Hope this is the right answer and would be of really great help then.