Economics Textbook Offline

Economics is the social science that research how individuals work together with issues of value; specifically, the production, distribution, and consumption of products and companies.

Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analyzes primary parts within the financial system, together with particular person brokers and markets, their interactions, and the outcomes of interactions. Individual agents might embody, for example, households, firms, consumers, and sellers. Macroeconomics analyzes the economic system as a system the place production, consumption, saving, and investment interact, and elements affecting it: employment of the assets of labour, capital, and land, currency inflation, economic growth, and public insurance policies which have impact on these elements.

Other broad distinctions within economics embrace these between constructive economics, describing what's, and normative economics, advocating what must be; between economic principle and utilized economics; between rational and behavioural economics; and between mainstream economics and heterodox economics.

Table of Contents

Introduction

Economic system

Ethics

Market (economics)

Microeconomics

Financial market

Investment

Macroeconomics

Business ethics

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