20875070
Description
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
- 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
- Offer and Demand
- Offer - Sellers
- Focus on what is
produced to sell
- Law offer:
Higher price of
goods and / or
services,
greater desire
to sell
- The market
equilibrium
point
- The market
equilibrium is reached
when there is no lack
or surplus and all
needs can be met
- The market
equilibrium is reached
when there is no lack
or surplus and all
needs can be met
- The market
equilibrium
point
- Law offer:
Higher price of
goods and / or
services,
greater desire
to sell
- Focus on what is
produced to sell
- Demand -
shoppers
- Focus on the desire
to acquire and is
willing to buy
- Demand Law:
Price increase,
demand
decrease
(desire to buy)
- Demand Law:
Price increase,
demand
decrease
(desire to buy)
- Focus on the desire
to acquire and is
willing to buy
- Offer - Sellers
- 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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