Scientific notation is useful in economics to compute very large or very small numbers.
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Scientific notation is useful for representing many economic variables that are large numbers.
You have it in reverse. Scientific notation is useful for measuring stars.
Scientific notation is useful in mathematics because it makes very large or very small numbers easier to compute.
You use scientific notation when it comes to "too large" or "too small" numbers. The reasons why using scientific notation is useful are that it saves time to do the computation and also that it makes people's life easier to compute values instead of writing them out completely!
Scientific notation gives a compact notation, which is especially useful for writing down - and doing calculations with - very large, and very small, numbers.
When you have a number with a large amount of digits.