33392656
Description
Mind Map by Lucia Rodriguez, updated more than 1 year ago
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Created by Lucia Rodriguez
over 2 years ago
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Microeconomics Basic
concepts
- Economicit: studiesour
behavior as human
beings, how we manage
goods
Annotations:
- Definicion propia
- Example: Work raw
materials and produce
a final product
- It is of vital importance for
the economic development
of a country
- It is of vital importance for
the economic development
of a country
- Microeconomics: individually studies
people, companies, their behavior in
demand and supply
Annotations:
- Definicion propia
- Example:The study of the
consumption of a household, the
salary of the people who work in
that household
- provides tools that help make
decisions in a company, shows the
behavior of the demand for a
good.
- provides tools that help make
decisions in a company, shows the
behavior of the demand for a
good.
- Circular flow of incomeIt is the way in which the
different economic agents that are part of an
economy express themselves.
Annotations:
- Definición propia
- Examplle:buy market, shoes: The cash flow is
what I pay for my purchase and the actual
flow is the product I receive
- This allows us to understand the behavior of
the economy, the relationships that exist
- This allows us to understand the behavior of
the economy, the relationships that exist
- Physical flowIt is the exchange that
exists between a family and a company
for a good or service provided
Annotations:
- Definicion propia
- Example:The coffee growers
cultivate the land to be able
to obtain coffee and sell it
to a company
- It allows us to see the
relationship between families
and companies, their behavior
- It allows us to see the
relationship between families
and companies, their behavior
- Monetary flow: It is the exchange that is made
between a company and an individual, the
payment that is made for a good or service
Annotations:
- Definicion propia
- Example:A coffee cooperative buy coffee
from coffee growers, these coffee growers
pay for the products they need to grow,
they pay for services -
- It allows us to analyze the behavior of the
transactions carried out in a company and with
the people who provide a service.
- It allows us to analyze the behavior of the
transactions carried out in a company and with
the people who provide a service.
- Economic systemThey are the
relationships that are required to
formalize, organize all the economic
activities of a society. They are the
rules or parameters that govern, for
example a country.
Annotations:
- Definicion propia
- Example:Capitalist
economic system
- It is necessary to be able to determine the
parameters, conditions for making your
decisions
- It is necessary to be able to determine the
parameters, conditions for making your
decisions
- Capitalist economy: It has the freedom of
the market, since its means of production
are private.
Annotations:
- Definicion propia
- Example:Private
businesses
- Contributes to growth
to a country
- Contributes to growth
to a country
- Centralized economy:It is led by the state,
everything depends on them. It lacks
freedom.
Annotations:
- Definicion propia
- .Example:Some countries like
Russia, Germany and Ukraine have
a centralized economy
- In some cases it can guarantee
the production of food
necessary for a country,
generate growth,but it depends
on its rulers
- In some cases it can guarantee
the production of food
necessary for a country,
generate growth,but it depends
on its rulers
- Mixed economyIt is to unite the
capitalist economy, that is, the private
sector, with the centralized economy,
that is,with the states.:
Annotations:
- Definicion propia
- Example:Panachi,
Trasmilenio
- Mixing the strengths and
advantages of both can bring
benefits to the country.
- Mixing the strengths and
advantages of both can bring
benefits to the country.
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