Economics

• studies the production, distribution, and consumption of goods and services
• main areas of focus:
  • scarcity and its implications for the use of resources
  • production of goods and services
  • growth of production and welfare over time
• four key economic concepts that help explain the many decisions that humans make:
  • scarcity
  • the law of supply and demand
  • efficiency - costs and benefits
  • incentives

Subpages

• 10000 Years of Economy
• Adjusted／Real／Inflation-Corrected／Constant-Dollar Gross Domestic Product (GDP)
• Advanced Economies - Emerging Market Economies - Low-Income Developing Countries
• Behavior Economics and Psychology
• Capitalism
• Cargo airships could be big - A capital-intensive, high-risk way to revolutionize global commerce
• Currency
• Das Kapital (Capital)
• Fossil Fuel (Crude／Raw.Conventional／Unconventional Oil - Petroleum - Natural Gas Methane Ethane - Coal Anthracite Bituminous Sub-Bituminous Coal Lignite)
• Gross Domestic Product (GDP)
• Gross Domestic Product (GDP) Per Capita
• Macroeconomics／Macro-Economics
• Microeconomics／Micro-Economics
• Money
• Socialism／Communism vs Capitalism
• Virtual／Synthetic Economy