20867706
Description
Mind Map by Viviana Mora, updated more than 1 year ago
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Microeconomics
- what is microeconomics?
- Economy
- economics is the social
science that is dedicated to
studting how individuals
manage the scare resources
to meet their needs
- Fundamental economic problems
- what and when to
produce ?
- How to produce?
- for whom to
produce?
- what and when to
produce ?
- Fundamental economic problems
- goods
- The goods are
tangible items used
to meet the needs
- The goods are
tangible items used
to meet the needs
- Needs
- The needs are
expression of what an
individual requires
indispensable for his
subsistence and
development
- The needs are
expression of what an
individual requires
indispensable for his
subsistence and
development
- Fundamental problems
- What and how
much to produce?
- Logical options that meet social needs
- Logical options that meet social needs
- How to produce?
- Productive efficiency
- Productive efficiency
- For whom to
produce?
- Equity
- Distributive
efficiency in
search of
well-being
- Equity
- What and how
much to produce?
- Productive factors
- Ground
- Natural resources
- Natural resources
- Capital
- Human creation used for the
production of goods and
services
- Human creation used for the
production of goods and
services
- Job
- Human effort
- Human effort
- Ground
- economics is the social
science that is dedicated to
studting how individuals
manage the scare resources
to meet their needs
- Branch of:
- Economy
- Macroeconomy
- Microeconomics
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