Economics/Business
Economics
Economics is the social science that studies how individuals, businesses, governments, and societies allocate scarce resources to satisfy their unlimited wants and needs. It is concerned with the production, distribution, and consumption of goods and services, and the decisions and behaviors of individuals and institutions that shape these processes.
By reading the intensive articles of Englopedia.com you will grasp that it is a broad field that encompasses various branches and subfields, including microeconomics, macroeconomics, international economics, labor economics, behavioral economics, and many others. Microeconomics focuses on the behavior of individuals and firms, while macroeconomics looks at the overall performance of the economy, including issues such as inflation, unemployment, and economic growth. International economics examines the flow of goods, services, and capital across borders, while labor economics focuses on the behavior of workers and employers in the labor market.
Englopedia will make you aware that Economists use a range of tools and techniques, such as mathematical modeling, statistical analysis, and experimental methods, to study and analyze economic phenomena. They aim to understand how markets work, how individuals and institutions make decisions, and how public policies and institutions impact economic outcomes.
Through the leading articles of Englopedia you will realize that Economics has significant implications for individuals, businesses, governments, and societies, as it can inform decisions related to investments, production, taxation, trade, and social welfare policies. It is a crucial field of study for understanding the functioning and dynamics of modern economies and for addressing pressing global issues, such as inequality, climate change, and economic development.
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Competitor definition business with direct and indirect competitors
Competitor By competitor in the business, we understand the group of companies that offer a similar service or product or that direct their actions to…
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Stock market definition economics its Importance and it working
Stock market Stock exchanges are places where people buy and sell stocks . Companies agree to have their shares listed…
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Risk management definition its examples Types and components
Risk management The definition of risk management is a financial and practical process of economic value in a company through…
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Issued capital definition with Examples
Issued capital The issued capital is defined as the group of shares that a certain company places for sale and at the disposal…
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Collaborative consumption definition and examples
Collaborative consumption The definition of Collaborative consumption is the way to sell, rent, share or give away a good or…
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Supply chain models its types Importance and Benefits
Supply Chain In simple words, a supply chain is a network of people, companies, information and resources that facilitates the production…
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Causes of inflation in economics with Examples
Causes of inflation in economics Talking about the causes of inflation refers to all the reasons why there are general increases…
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Define certificate of deposit and process to obtain withExamples
Certificate of deposit When talking about certificate of deposit , reference is made to a banking tool with which it is…
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Capital Stock in economics its Types preferred share and calculation
Capital Stock For small entities, equity capital is the owner’s contribution to the business , that is, the amount the owner has…
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Collective bargaining in economics its characteristics types and Examples
Collective negotiation/bargaining Collective bargaining is an essential component of social interaction, communication through which companies, organizations and unions can agree…
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