economics

Page history last edited by brian 1 yr ago

Economics

 

 

Economics is the social science that studies the production, distribution, and consumption of goods and services. Scarcity means that available resources are insufficient to satisfy all wants and needs. Absent scarcity and alternative uses of available resources, there is no economic problem. The subject thus defined involves the study of choices as they are affected by incentives and resources.

 

 

Areas of economics may be divided or classified in various ways, including:micro economics and macro economics

 

Economists are mostly concerned with inflation.

 

 

Careers

 

careers - economist

 

 

 

More links

 

 

 

 

 

 

 

 

 

 

 

 

Comments (0)

You don't have permission to comment on this page.