little government intervention
Micro economics involves the purchases of a household.
little government intervention.
Statistics, probability, and mathematics are all important in econometrics, which is a vital part of virtually any academic study in economics. Behavioral economics involves psychology, and cutting-edge research involves neurology and biology as well. Environmental Economics involves environmental science, and other ancillary fields. Computer Sciences are necessary for modeling complex economic situations.
normative economics
The study of economics involves looking at all the activities from production all the way to consumption. This is an overview of how resources are used.
Micro economics involves the purchases of a household.
little government intervention.
Statistics, probability, and mathematics are all important in econometrics, which is a vital part of virtually any academic study in economics. Behavioral economics involves psychology, and cutting-edge research involves neurology and biology as well. Environmental Economics involves environmental science, and other ancillary fields. Computer Sciences are necessary for modeling complex economic situations.
Micro economics is a branch of economics. It is a study of individual person, household, firm or industry. It involves determination of prices, quantity demanded and supplied, prices and output, etc.
Supply-side Economics
normative economics
The study of economics involves looking at all the activities from production all the way to consumption. This is an overview of how resources are used.
economics mainly deals with the production ,consumption,income, employment etc . thus we can say economics is the study of all economic activities say for from production to consumption.or it is study of business of life...........
Economics is both science and an art. It is a science because there exist lots of principles, laws and fundaments in economics. Statistics as part of economics also involves lots of theorems and principals. It is the art of implementation of these principles through which we could solve and analyze many economic and commercial problems
In my opinion, sociology, since it involves less mathematics, statistics, and formal logic theory.
Economics is concerned with how the economies of nations, or of the world as a whole, are functioning. This involves such things as banking and currencies, tax policies, commerce, employment, and general levels of prosperity vs. poverty.
Regional integration is a process in economics. This process involves an agreement between neighboring states using the same rules and institutions.