answersLogoWhite

0

Description

Analysis

Explanation

Prediction

User Avatar

Wiki User

14y ago

What else can I help you with?

Continue Learning about Economics
Related Questions

What are the key elements of economics?

The four key elements of economics are description, analysis, explanation, and prediction. Mr. Talton Economics Teacher


Describe the key elements of studying economics?

The four key elements of economics are description, analysis, explanation, and prediction. Four elements of economics. 1. Alodium (earth) 2. Liberty (water) 3. Currency (air) 4. Resource (fire)


Select the items below that descive rational behavior in economics?

It is a key assumption used in the study of economics and the choices that people make in pursuit of satisfaction.


What are the key words of microeconomics what is the universal economic problem?

Microeconomics is the branch of economics that study decision making by a single individual, household, firm, industry or level of government. Microeconomics applies a microscope to study specific part of an economics. The focus is on small economics units, such as economics decision of particular group of consumer and Businesses. Microeconomics is the branch of economics that study decision making by a single individual, household, firm, industry or level of government. Microeconomics applies a microscope to study specific part of an economics. The focus is on small economics units, such as economics decision of particular group of consumer and Businesses.


What is the key economic concept that serves as the basis for the study of economics is?

efficient use of limited productive resources to satisfy economic wants.


How sociology related to economics?

your question is backwards. as a field of knowledge, economics started out as a type of sociology (or possibly was the original term for what we now call sociology). and there is such a thing as a liberal study of economics still. and economics is a study of human behavior but with advanced capitalism this behavior has left human's hands so the study sort of exists on its own as a study of a man-made but self-sufficient abstract force. hope that helps :)


What are the elements of strategic management process?

Strategic management process has four key elements. These elements include,1) environmental scanning, 2) strategy formulation, 3) strategy implementation, 4) strategy evaluation.


What are the key elements of talent management system elaborate?

A talent management system is an integrated software that connects four pillars of talent management. These include, recruitment, performance management, compensation management and learning and development.


Relationship of study to education'?

Study: Key to Education Education: Key to reach your dreams..


What are 4 elements that combine in many ways to form many molecules in organisms?

Carbon, hydrogen, oxygen, and nitrogen are the four key elements that combine in various ways to form molecules in organisms. These elements are crucial for the structure and function of biological molecules such as carbohydrates, lipids, proteins, and nucleic acids.


In the PQ4R study method one of the for R's stands for?

One of the four R's in the PQ4R study method stands for "Recite." This step involves recalling and summarizing key points from the material you have just read.


What are the key elements of social mobilization?

Some key elements of social mobilization are to Inspire the people and maintain integrity.