Summary
Summary Understanding the Basics of a Complex Field
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Uploaded on
20-03-2023
Written in
2022/2023
Economics is a complex field that deals with the production, distribution, and consumption of goods and services. It is a social science that helps us understand how individuals, businesses, and governments make decisions about the allocation of resources. As the study of economics has evolved, it has become increasingly important to understand the basics of the field. In this essay, we will explore the fundamental concepts of Economics 101.
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Institution
San Francisco State University
Course
Econ 101
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Written for
- Institution
-
San Francisco State University
- Course
-
Econ 101
Document information
- Uploaded on
- March 20, 2023
- Number of pages
- 2
- Written in
- 2022/2023
- Type
- Summary
Subjects
- economics
- production
- distribution
- consumpsion
- good
- services
- social science
-
individuals
-
businesses
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government
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resource alloaction
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scarcity
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trade offs
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supply and demand
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price determination
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opportunity c
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