Posted inEconomics Productivity Posted by admin August 19, 2021 Introduction Definitions and Basics ● Productivity, from the Concise Encyclopedia of Economics ● Productivity—the amount of output per unit…
Posted inEconomics Environmentalism Posted by admin August 19, 2021 Introduction Definitions and Basics ● Natural Resources, from the Concise Encyclopedia of Economics ● The earth's natural resources are…
Posted inEconomics Productive Resources Posted by admin August 19, 2021 Introduction ● A resource is something we rely on or use to accomplish a goal. If…
Posted inEconomics Globalization, Interdependence, and Local Trade Posted by admin August 19, 2021 Introduction Definitions and Basics ● Interdependence and the division of labor: I, Pencil, by Leonard Read. ● Simple? Yet, not…
Posted inEconomics Human Capital Posted by admin August 19, 2021 Introduction Definitions and Basics ● Human Capital, from the Concise Encyclopedia of Economics ● To most people capital means…
Posted inEconomics Saving and Investing Posted by admin August 19, 2021 Introduction Definitions and Basics ● Saving, from the Concise Encyclopedia of Economics ● Saving means different things to different…
Posted inEconomics Positive and normative economics Posted by admin August 19, 2021 As a social science, economics attempts to use the principles and methods of science to…
Posted inEconomics Financial Markets Posted by admin August 19, 2021 Introduction Definitions and Basics ● Stock Market, from the Concise Encyclopedia of Economics ● The price of a share…
Posted inEconomics Foreign Currency Markets and Exchange Rates Posted by admin August 19, 2021 Introduction Definitions and Basics ● Foreign Exchange, from the Concise Encyclopedia of Economics ● The foreign exchange market is…
Posted inEconomics Money Posted by admin August 19, 2021 Introduction Definitions and Basics ● Money, at About.com ● Money is a good that acts as a medium…