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Q: When economists study the National economy or global economy they are using a?
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Why do economists regard imperfect competiton as undesirable?

Economists regard imperfect competition as undesirable because it does not have the efficiency they would need to study an economy. An imperfect competition has large companies that dominate the economy and thus creating an imbalance.


What is the primary reason why sociologists study the global economy?

Because it affects people;s behaviors and their lives


What are people who study economics called?

economists


Economists do not study retail stores or households?

false


Economists do not try to?

study the process of the human mind


What economists study?

math money the future of tomorrow


What is the capitalism view on globalization?

Capitalism is the economic system that dominates the world today. Economics is a study that tries to understand how economies work, when economists today refer to the economy, they are referring to the capitalist system. Though economists only use the term "capitalism" on a more regular basis when it is in crisis.


Do Individual economic decisions have Macroeconomic implications?

The economic study of individual actions (and individual organizations actions) is Microeconomics. Macroeconomics is the branch of economics that studies the overall working of a national economy. While individual actions do affect the national economy, in general only large groups of individuals cn affect a national economy.


Why Economists always talking about money and wealth?

Because that's what the study of economics is.


True or false Economists study the processes of the human mind?

False - economists are concerned with the production and consumption of goods and services and the analysis of the commercial activities of a society


Which social scientist would most likely study the artifacts from these ruins?

Archaeologist


Why do economists study savings rates?

because they need it for buildings and new schools and hospitals