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What is the basic problem that gives rise to the study of economics?
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∙ 10y ago
Pericycle
Wiki User
∙ 10y ago
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What is the basic concern of economics?
the basic concern of economics is to study the choices people make
Why do managers need to study economics?
1. Being a manager, why should you have some basic understandings about economics?
How important is the study of economics?
Economics is how we as humans efficiently allocate scarce resources. These resources can be something as basic as food or something as immaterial as information. And because everyone needs to eat and have shelter, and economics is the study of how we allocate those things, economics is a very important subject.
Which activity does economics primarily study?
The problem of scarce resources relative to human wants
What does the study of economics include?
Economics is the study of wealth and its distribution.
What is the basic concern of economics?
the basic concern of economics is to study the choices people make
Why do managers need to study economics?
1. Being a manager, why should you have some basic understandings about economics?
How important is the study of economics?
Economics is how we as humans efficiently allocate scarce resources. These resources can be something as basic as food or something as immaterial as information. And because everyone needs to eat and have shelter, and economics is the study of how we allocate those things, economics is a very important subject.
What do you study in Economics in VCE?
The Australian Market system and basic economic concepts such as demand and supply.
Which activity does economics primarily study?
The problem of scarce resources relative to human wants
What does the study of economics include?
Economics is the study of wealth and its distribution.
Why is it necessary to study economics?
Because Economics is a Study of Body of Knowledge.
What is the study of economics an important exercise?
why is the study of economics an important exercise
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 study of economics called?
It is called economics
What the study of how wealth is created and distributed?
Economics
How schould my study in economics?
In economics you will study how to work in the financial districts and learn how to manage money.
