What do we understand by economics?

Everything you have to know about economics explained easy.

Every time we decide in what we want to spend our money, we are taking an economic decision. When we buy a car instead of going on vacation or we prefer to spend more time with our families instead of working extra hours, we are choosing a thing or another because we cannot or should not do both. In the exact same way we can choose, families, businesses and governments also have to decide how to manage their resources, because they are not never infinite. Even the richest people in the world have limits for expenses, they should be picky in what to spend their money. No one escapes the necesity to pick between the different alternatives for resource use.

Having said that, we can define economics as the study of our choices of scarce resource administration, subject to different uses; therefore, economics as a practice is as old as mankind itself.

The globalized market requires knowledge about economics. Economics -as a science-, is ubiquitous, it is everywhere, both in past and present. The different views on economics imply the ways of approximation to an universal problem, the subsistence towards organization of available resources and the structure that composes it.

If you want to delve deeper into economics and finance with every single aspect properly explaines, you will be able to find the answers in PREGUNTAS YRESPUESTAS SOBRE ECONOMÍA.

Inside you will find a clear and easily explained perspective on the things that really affect you, what happens in our global village. News with economic data will not be dull and boring anymore. Learning about economics, explained easily, is an imperative, even subject to our electoral power; it is a necesity.

To the bachelor student in areas close to economics and social sciences in general, it will be a necessary tool where you will get a closer look into subjects like: classic economics, monetary economy, the marginalist school, the neoclassical synthesis, general equilibrium, demand and supply, economics and finance, oil economy, economic cycles, marxist economy, family economics and approcimations to the problematics in economic development.

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