Economics :: essays research papers

EconomicsThe hear of economics is utile in several ways . Some of these Iwill chin wag on . First of all , technology levels affect a societies parsimony ,so by learning what products are produced and how they are produced , you apprise set how technologically advanced a society is . By examining where the producedgoods are move/used you can get a better idea of what eccentric person of government thesociety is run by . By examine an parsimony and inviteing how the economy usesresources , you can learn what resources the society controls and which ones thesociety needfully . Tied in with this factor of resources you can get an idea ofwhich countries get down leverage over other countries .An economist how a society or government meets the needs and wants ofthe populace , either through production or commerce . Economists see the worldas a) profitable b) unprofitable c) and they see opportunity costs . Byviewing the world in such(prenominal) a manner they are able to hel p in the last makinginvolved with money and industry . They can help to survive money , resources ,labor, and time .Microeconomics is the study of an overall economy . In studyingmicroeconomics you study a wider range of services , productions , exchanges .While not as discriminate as macroeconomics , you can get a broader picture and range the basic concepts of an economy .Macroeconomics studies the study a single aspect of an economy , lets say themining of coal . You dont research the delivery , the market all you studyis the actual mining process . While this may be more than limited in scale , you canlearn more most that specific process . You dont see the whole picture but youcan find the specifics on that subject .Personally I dont think that the physiocrats surmise would work . Ithink that if we tried to follow there possible action and have the government abstainfrom interference , umpteen of the smaller businesses would apace be closed down .I think that a neat m any monopolies would be created and we would have the railroad barons problem that we had in the twentieth century . I feel that thegovernment is hindering at many times , and still they seem to be helpful in whatsoever areas .The business that I chose to depict was the custodial division at Chico state University . Both of my parents work there so I chose this area of