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Understand economics: Basic concepts of Economic system

Understand economics: Basic concepts of Economic system

Paperback

Series: Share Market

Economics

ISBN13: 9798352806050
Publisher: Independently Published
Published: Sep 14 2022
Pages: 216
Weight: 0.48
Height: 0.46 Width: 5.00 Depth: 8.00
Language: English
In this book, Explain the Basic Concepts of Economics. Like Economics, it is the study of how society allocates scarce resources (land, labor, capital, and entrepreneurship) to produce output. Some of the concepts are scarcity, supply & demand, incentives, trade-off and opportunity cost, economic systems, factors of production.

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Economics