Rapid Review: Fundamentals of Economic Analysis

Descrição

5 Steps To A 5.
Annaliese Bronz
Fluxograma por Annaliese Bronz, atualizado more than 1 year ago
Annaliese Bronz
Criado por Annaliese Bronz aproximadamente 7 anos atrás
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Resumo de Recurso

Nós do fluxograma

  • Fundamentals of Economic Analysis
  • Economics
  • The study of how
  • Firms
  • People
  • Socities
  • Use their scarce resources to best satifsy their unlimited material wants. 
  • Resources
  • AKA factors of productions
  • Labor
  • Physical capital
  • Land/Natural Resources
  • Entrepreneurship
  • Scarcity
  • Imbalance 
  • Limited productive resources
  • Unlimited human wants
  • Scarce resources imply 
  • Individuals
  • Firms
  • Government
  • Faced with difficult choices involving
  • Benefits
  • Costs
  • Goods and services a society produces are scarce as well.

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