Humans have unlimited wants, but only a limited capacity to satisfy those wants. Economics developed as a social science that would help humans allocate their resources (such as time, land, labor, etc.) in a way that would satisfy their needs in the most efficient way possible. The study of economics helps businesses decide what to make and how to make it, allows governments to understand how to interact with business, and helps consumers make decisions about what to buy.
resources are scarce,.the concepts of scarcity arises from the scarce resources or simply resources for short.
In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit.
Rising international economic interdependence arises a need of studying International Economics as separate field under economics. - It broadens our outlook beyond the confines of narrow nationalism esp in this era of globalization - It inspires & motivates that economist inside u to rethink the trade policies & may be u will be a minister someday. In short, its importance is as wide as ur imagination KANAV SHARMA, GDC(udhampur), J&K.
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
resources are scarce,.the concepts of scarcity arises from the scarce resources or simply resources for short.
Globalization is the international integration that arises from the interchange of world ideas, products, and views. It is the opening to a broader outlook on economics.
In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit
In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit.
In economics and finance, marginal cost is the change in total cost that arises when the quantity produced changes by one unit.
Same as need arises.
Rising international economic interdependence arises a need of studying International Economics as separate field under economics. - It broadens our outlook beyond the confines of narrow nationalism esp in this era of globalization - It inspires & motivates that economist inside u to rethink the trade policies & may be u will be a minister someday. In short, its importance is as wide as ur imagination KANAV SHARMA, GDC(udhampur), J&K.
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
classification of economics 1-Applied economics 2-Theoretical economics i)Welfare economics ii)Positive economics(i-Micro economics,ii-Macro economics,iii-Mathematical economics)
Frank Livesey has written: 'A textbook of core economics' -- subject(s): Economics 'Stage 1 economics' -- subject(s): Economics 'Dictionary of Economics' 'Economics' -- subject(s): Economics, Marketing, Problems, exercises 'A modern approach to economics' -- subject(s): Economics 'Economics (A.C.C.A.)' 'Economics for business decisions' -- subject(s): Managerial economics 'Economics (Marketing)' 'A textbook of economics' -- subject(s): Economics 'Objective tests in A Level economics' -- subject(s): Economics, Examinations, questions, Problems, exercises
The portin of the stem where the leaf arises is called the node.
The Parasympathetic Division arises from cranial and sacral nerves.