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explain in details the relationships between economics facts, theory and policy.

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14y ago

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What is Junior Philippine Economic Society organization?

Junior Philippine Economics Society or JPES is a duly recognized organization for Economics majors in the Philippines.It helps in empowering the youth through economic excellence for more than 20 years. For more details visit: jpes.multiply.com


What is a prospectus in economics?

In economics, a prospectus is a formal document that outlines the details of a proposed investment or project, typically used by companies when they seek to raise capital from investors. It provides essential information about the investment opportunity, including financial statements, risk factors, and the intended use of funds. The prospectus aims to inform potential investors and help them make educated decisions about whether to invest. It is often required by regulatory authorities to ensure transparency and protect investors.


Can I get some help understanding Economics?

@jponbac Gunna Sorry, I'm new here, and I don't know how to post details to the question, so here goes.Name a game you know how to play. List one role that players may have in the game, one official rule, and one property of the game.List a rule, a property, and an outcome in the game of economics.How is the game of economics similar to the games you are used to playing? How is it different?


What is the calculation for consumers surplus?

Consumer Surplus = the difference between what consumers are willing to pay and what they actually pay for a good or service. It is hard to explain this thru formula as it require a long explanation and debrief. Essentially it is represented by a triangle, and the surplus is calculated thru the formula to calculate a Triangles height. That is (BASE x HEIGHT)/2 I have attached a link below. Please refer it for details.


What is the difference between abridged financial statements and detailed financial statements?

"Abridged" is more condensed, while "detailed" is just as it implies - detailed, with all financial details, facts and figures included.

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