GAARC ME1 CH1
ME in E
ME in E
21
0.0 (0)
Kartei Details
| Karten | 21 |
|---|---|
| Sprache | English |
| Kategorie | VWL |
| Stufe | Universität |
| Erstellt / Aktualisiert | 05.10.2016 / 12.08.2019 |
| Lizenzierung | Keine Angabe (ME1) |
| Weblink |
https://card2brain.ch/box/gaarc_me1_ch1
|
| Einbinden |
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Scarcity
Commodities and resources that we value are limited in supply.
Efficiency
Using the economy's resources as effectively as possible to satisfy people's need and desires.
Free goods
Commodities and resources that are available without limit.
Economic goods
Goods that we value that are limited in supply.
Macroeconomics
The branch of economics concerned with the overall performance of the economy.
Microeconomics
Branch of economics concerned with the behaviour of individual entities such as markets, firms, and households.
Normative economics
Involves value judgement and ethical precepts about an economy.
Positve economics
Describes the facts and behaviour of an economy.
