BUS 101
Suny Broome Community College
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![Economics terms [WELL ELABORATED]](/docpics/61a0929bc0aef_1409787.jpg)
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Economics terms [WELL ELABORATED]
- Other • 164 pages • 2021
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Economics is the study of how a society employs its limited resources to pro- duce goods and services and how it distributes them among competing groups and
individuals.
Macroeconomics studies the operation of a nation's economy as a whole.
Microeconomics looks at the behavior of individual people and organizations in
specific markets.
Resource development - study of how to increase the amount of available re- sources and create conditions that will make better use of these resources.
Eco...
Other
Economics terms [WELL ELABORATED]
Last document update:
ago
Economics is the study of how a society employs its limited resources to pro- duce goods and services and how it distributes them among competing groups and individuals. Macroeconomics studies the operation of a nation's economy as a whole. Microeconomics looks at the behavior of individual people and organizations in specific markets. Resource development - study of how to increase the amount of available re- sources and create conditions that will make better use of these resources. Eco...
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