Understanding of Basic Economics Tuesday, 17 May 2022, 1:54 PM Number of replies: 1 Permalink In reply to First post Re: Understanding of Basic Economics by sumon hossain - Saturday, 13 August 2022, 9:45 PM At the most basic level, economics attempts to explain how and why we make the purchasing choices we do. Four key economic concepts—scarcity, supply and demand, costs and benefits, and incentives—can help explain many decisions that humans make. Permalink Show parent
In reply to First post Re: Understanding of Basic Economics by sumon hossain - Saturday, 13 August 2022, 9:45 PM At the most basic level, economics attempts to explain how and why we make the purchasing choices we do. Four key economic concepts—scarcity, supply and demand, costs and benefits, and incentives—can help explain many decisions that humans make. Permalink Show parent