Economic analysis can be applied throughout society, in business, finance, healthcare, and government. Economic analyses is sometimes also applied to such diverse subjects as crime, education, the family, law, politics, religion, social institutions, war,science, and the environment.
Economics can actually be defined a few different ways: it’s the study of scarcity, the study of how people use resources, or the study of decision-making. Economics often involves topics like wealth, finance, recessions, and banking, leading to the misconception that economics is all about money and the stock market. Actually, it’s a much broader discipline that helps us understand historical trends, interpret today’s headlines, and make predictions for coming decades.
Comprehensive Economic
Cover following content
What is Economics?
The nature of economics
The study of economics
The methods used by economists
Economic exchange
Factors of production
Types of production
The role of money in exchange
The economic problem
Choice and opportunity cost
Samuelson's three questions
Production possibility frontiers
Interpreting PPFs
Pareto efficiency
Increasing opportunity cost
Marginal analysis
Index numbers
Missing markets
Pure public goods
Incomplete markets
Quasi public goods
Turnpikes
Merit goods
The supply of merit goods
Merit goods and positive consumption externalities
Education as a merit good
Property rights
Economic exchange
Scarcity
Efficiency
Economic Systems
Cost-Benefit Analysis
Property Rights
Wellbeing and Welfare
Incentives
Inflation
GDP
Economic Growth
Exchange and Trade
Demand
Supply
Aggregate Supply
Aggregate Demand
Business Cycles
Employment and Unemployment
Insurance
Barriers to Trade
Balance of Trade and Balance of Payments
Money
Foreign Currency Markets and Exchange Rates
Financial Markets
Saving and Investing
Human Capital
Globalization, Interdependence, and Local Trade
Productive Resources
Environmentalism
Productivity
Economic Development
Income Distribution
Profit
Income Inequality
Fiscal Policy
Roles of Government
Credit
Market Failures, Public Goods, and Externalities
Government Failures, Rent Seeking, and Public Choice
Government Budget Deficits and Government Debt
Compound Interest
Entrepreneurs
Producers
Consumers
Technology
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APP FEATURES
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Still looking for reasons why the “Learn Economics” app is unique among all other apps in the market. Here are features that make this app better than all other Learn Economics apps –
- Responsive and easy to navigate.
- Easy access to the key issues in Economics.
- Share your favorite Economics material with your friends and family.
- Set your favorite pictures as wallpapers or save them to Favorite
- Search Functionality helps you search terms easily
- Bookmark as favorites to access words later.
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