Economy

Microeconomics

Macroeconomy

Social science that studies the elections, in order to face the scarcity and the oncentives

Study the choices of companies and individuals, and how they impact markets and governments

Study the performance of economies at the national and global levels

Respond to the questions

What? How? and for whom?

What?

Varies by country

How?

It is determined by the technologies and resources we use

For Whom?

For which market does the product or service aim?

Choices of individuals to meet personal interest, promote a broader social interest?

Personal interest

Social interest

Efficiency and social interest

Fair distribution and social interest

is considered the best alternative of choice to satisfy a personal interest

If it is best for society as a whole it responds to social interest

efficient economy ended in describing something that is not susceptible of improvement

Deliver the most appropriate and equitable manner, without prioritizing one hand and affect other

Benefit

It is profit or pleasure offers is determined by the likes, dislikes

Cost

is the highest-value alternative to which it must be ceded in order to obtain it