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Difference between Microeconomics and Macroeconomics - Economist

Difference between Microeconomics and Macroeconomics - Economist

(0)The study of is typically divided into two parts: macroeconomics and microeconomics.Macroeconomics VS MicroeconomicsMicroeconomics is the study of decisions made by people and businesses regarding the allocation of resources and prices of goods and services.Macroeconomics studies the association between various countries regarding how the policies of one nation have an upshot on the other. It circumscribes within its scope, analysing the success and failure of government strategies.- Macroeconomics focuses on the behavior of an entire economy,the "big picture", In macroeconomics we worry...

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كتب بواسطة : الاقتصادي العربي | Arab Economist
16h ago
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Definition of Economic Growth - Economist

Definition of Economic Growth - Economist

(0)Economic growth is characterized by an increase in the total output of an economy.It occurs when a society acquires new or when society learns to produce more with existing resources.Economic GrowthContent Article

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كتب بواسطة : الاقتصادي العربي | Arab Economist
3d ago
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Concept Balance of payments - Economist

Concept Balance of payments - Economist

(0)- "BOP" Refers to balance of payments.- Bop it is a summary of all transactions between the residents of one country and the rest of the world over a given during period of time.Balance of payments- Any transactions resulting in a payment of foreigners is entered in the balance of payments accounts as a debit and is given a negative sign.- Any transactions resulting in a receipts from foreigners is entered as credit and is give a positive sign.A simplified presentation of the balance of payments appears three majors categories of transaction, each type of transactions within these...

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كتب بواسطة : الاقتصادي العربي | Arab Economist
2d ago
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Definition of Opportunity Cost - Economist

Definition of Opportunity Cost - Economist

(0)Opportunity CostOpportunity Cost = (Total Revenue – Profit)Opportunity Cost = (What One Sacrifice / What One Gain)Content Article

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كتب بواسطة : الاقتصادي العربي | Arab Economist
6d ago
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Gold Price | Oil Prices - Economist

Gold Price | Oil Prices - Economist

(0)Given the state of fear that fills the world because Corona Virus we find that the market situation is unstable, sometimes we find investors which raises the price.At other times, they tend to sell gold, which lowers the price.Gold Price TodayGold1,786.80+6.50+0.37%Silver18.06+0.02+0.11%Platinum813.10+3.20+0.40%We find oil prices rose today because there are hopes for the return of economic activity after the ban was canceled in many countries.Oil Prices TodayBrent Crude40.29-0.73-1.78%West Texas Intermediate ( WTI )37.72-0.77-2.00%Natural Gas1.60+0.052+3.37%Content Article

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كتب بواسطة : الاقتصادي العربي | Arab Economist
Jun 26
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Definition Of Economics | Importance Economics - Economist

Definition Of Economics | Importance Economics - Economist

(0)Definition Of EconomicsThere are many reasons to study economics, of which:To understand the laws of supply and demand.To understand the global market.To learn how to make money.Understanding how to protect the effect of inflation.Content Article

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كتب بواسطة : الاقتصادي العربي | Arab Economist
Jun 26
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Definition and importance of Economic Resources - Economist

Definition and importance of Economic Resources - Economist

(0)Note: Economic resources are often characterized by a relative scarcity "that is, the amount available is usually not sufficient to produce multiple and renewable human goods and services."Definition Economic ResourcesEconomic resources are divided into four elements, namely:Land component.Capital component.Labour component.Management and Entrepreneurs.Land consists of an economy is natural resources.Capital is human made resources and consists of tools, equipment, machinery, building and transportation networks, which used in and facilitate the production of goods and services.Note:...

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كتب بواسطة : الاقتصادي العربي | Arab Economist
Jun 26
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Definition of the economic problem - Economist

Definition of the economic problem - Economist

(0)The economic problem was defined by the inability of limited to meet all the ever increasing needs according to the law of increasing needs.The Economic ProblemScarcity is a fundamental problem for every society.Scarcity means insufficient of available economic resources to meet.Therefore because of scarcity, is concerned with:Content Article

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كتب بواسطة : الاقتصادي العربي | Arab Economist
Jun 27
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