Economics | Definition, History & Branches - Lesson - Study.com
2023年11月21日 · Economics is the social science that studies how scarce resources are allocated by individuals, families, businesses, and societies. Learn the definition, history, and branches of economics, such ...
Specialization in Economics | Definition, Types & Examples
2023年11月21日 · Learn what specialization in economics means and how it affects an economy. Explore the four types of specialization: macroeconomic, microeconomic, geographic and labor, with examples and advantages.
Macroeconomics Overview - World Bank Group
2024年4月1日 · Macroeconomics is the branch of economics that deals with the overall functioning of the economy. The World Bank Group’s macroeconomists work toward the institution's primary goals of reducing poverty and ensuring shared prosperity by encouraging countries to enact stabilizing, effective macroeconomic policies.
Needs & Wants in Economics | Definition & Differences
2023年11月21日 · Learn the economic definitions of needs and wants, and how they differ in terms of survival, desire, and substitution. See examples, exercises, and the concept of the invisible hand.
Economic Resources | Definition, Types & Examples - Study.com
2023年11月21日 · Economic resources are components used to produce goods or services for consumption or use. Learn about four or six types of economic resources, such as land, labor, capital, entrepreneurship ...
Entrepreneurship in Economics | Definition, Roles & Importance
2023年11月21日 · Learn what entrepreneurship is and why it's important for economic growth and innovation. Find out the roles and types of entrepreneurs and how they create new products and services.
Normative Economics | Definition, Analysis & Example - Study.com
2023年11月21日 · Normative economics is an approach to the study of economics with a prescriptive, or ideologically-motivated, view of economic growth and investment initiatives. Learn the definition of normative ...
What is Economics? - Definition & Types - Lesson - Study.com
Learn how economics is about allocating resources to meet people's needs and wants for goods and services. Discover the difference between microeconomics and macroeconomics and the concepts of ...
Economics | Overview, Principles & Elements - Lesson - Study.com
2023年11月21日 · What Is Economics? Economics is the science of analyzing the production, distribution, and consumption of goods and services. In other words, what choices people make and how and why they make ...
Economics Lesson for Kids: Definition & Terms - Study.com
Learn what economics is, how it studies money and wealth, and what key terms are used in this field. Watch a video, read a transcript, and do an exercise on chocolate as a good and service.