economic advantage: gain an overview of the business world, understand all the spheres of the business such as sales and marketing, transport and logistics etc. when someone has studied for a master in MBA, they are able to start up their own businesses, employ people ( unemployment reduction), pay tax ( boost government revenue) and contribute to infrastructural development.
economic disadvantage- people study for MBA to go work in other countries (brain drain), confuse the other party in the economy by trying to impose some incentives on business organizations such as influencing the government to come up with policies that are not favorable to business people.