Considered a social science, economics uses scientific methods to understand how scarce resources are exchanged within society. Economists study theories and techniques useful for developing policies in government as they have a deep understanding of how to create efficiency in today's world.
Technology is one of the essential parts of our life which makes this world easier to live and give us more freedom and a lot of ways to live differently. ... So, Technology has a significant role in our life especially in making a prosperous life, unlimited communication, and treatment of incurable diseases.