SERVICES are actions that other people value
SERVICES are actions that other people value
services
Microeconomics is that branch of economics analysis which studies the economics actions and behavior of individual units such as individual customer individual firms etc ; on the other hand macroeconomics deals with the economics actions and behavior of not a single particular unit - but the whole concept combined together.
People getting paid for the value they create, people trying to make a living, people producing goods and service.
"Economics is the study of how people relate to each other" is a statement that does not define economics.
In the game of Economics services are actions that other people value. These are the services that are mainly provided by the government.
SERVICES are actions that other people value
services
Microeconomics is that branch of economics analysis which studies the economics actions and behavior of individual units such as individual customer individual firms etc ; on the other hand macroeconomics deals with the economics actions and behavior of not a single particular unit - but the whole concept combined together.
People getting paid for the value they create, people trying to make a living, people producing goods and service.
People getting paid for the value they create, people trying to make a living, people producing goods and service.
No. This is true for any curved line, not just in economics.
Mr. Economic Value Who else?
"Economics is the study of how people relate to each other" is a statement that does not define economics.
The motto of New Economics Foundation is 'Economics as if people and the planet mattered.'.
Normative economics is the idealized part of economics that encompasses value judgments about economic fairness. It typically concerns what the outcome of an economy or what public policy ought to be.
Although economics may seem somewhat pointless it is important that we are aware of the economic crisis and the value in our money.