Commerce is a social science subject that relates to buying and selling of goods and services including distribution. It is also regarded as a study of production, distribution and exchange of goods and services aimed at satisfying human wants. To earn a living or livelihood commerce is the life blood of every nation. All economic activities people are involved in aim at one thing and that is to earn a living.
One might decide to specialize in any of the following field:
- Stock broking
- Financial economists
Commerce as a course can be defined as a study of trade and business activities such as the exchange of goods and services from producer to final consumer. The main courses taught in the commerce stream are: economic, accountancy and business studies.
Importance of commerce as a course: it enables students to understand and judge the various trends of trade and business of modern world. A commerce graduate keeps eyes on profit and loss, the rise and decline in the business and demand of the modern times