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Economics |
Field of study
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek ( , management of a household, administration) from ( , house) + ( , custom or law), hence rules of the house(hold). Political economy was the earlier name for the subject, but economists in the late 19th century suggested economics as a shorter term for economic science that also avoided a narrow political-interest connotation and as similar in form to mathematics, ethics, and so forth.A focus of the subject is how economic agents behave or interact and how economies work. Consistent with this, a primary textbook distinction is between microeconomics and macroeconomics. Microeconomics examines the behavior of basic elements in the economy, including individual agents (such as households and firms or as buyers and sellers) and markets, and their interactions. Macroeconomics analyzes the entire economy and issues affecting it, inclu...view more
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Movie
LOS ANGELES, CA (May 31, 2012) – The two billion-dollar box office phenomenon and winner of 11 Academy Awards®, TITANIC, makes its highly an...
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0.778
likester rank
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0
friends
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39.4 M
everyone
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0.774
likester rank
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0
friends
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27.5 M
everyone
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Slash
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Musician/band
Rock & Fn Roll:
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0.772
likester rank
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0
friends
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10.4 M
everyone
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Red Bull
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Food/beverages
Red Bull Energy Drink is a functional beverage. Thanks to a unique combination of high quality ingredients Red Bull Energy Drink vitalizes b...
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0.764
likester rank
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0
friends
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38.6 M
everyone
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Kesha
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Musician/band
Pop: If there’s one thing Ke$ha knows how to do, it’s tell stories. Here’s a pretty good one: Two years ago, the aspiring pop singer and son...
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0.763
likester rank
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0
friends
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26.9 M
everyone
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