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It serves those who have just studied economy because it includes basic terms that they need to know and understand the economy world. It is really useful.

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32 Terms

Created by: Fatima

Number of Blossarys: 1

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Systematic approach to determining the optimum use of scarce resources, involving comparison of two or more alternatives in achieving a specific objective under the given assumptions and constraints.

Domain: Economy; Category: Economics

It provides an outlet for research in all areas of economics based on rigorous theoretical reasoning and on topics in mathematics that are supported by the analysis of economic problems.

Domain: Economy; Category: Economics

Any commodities or services used to produce goods and services.

Domain: Economy; Category: Economics

The consumption and savings opportunity gained by an entity within a specified time frame, which is generally expressed in monetary terms.

Domain: Economy; Category: Economics

The social science that analyzes the production, distribution, and consumption of goods and services.

Domain: Economy; Category: Economics

A generic term in finance and economics for the entity which controls the money supply of a given currency, and has the right to set interest rates, and other parameters which control the cost and ...

Domain: Economy; Category: Economics

The assets which an economy may have available to supply and produce goods and services to meet the ever-changing needs and wants of individuals and society.

Domain: Economy; Category: Economics

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