Kamis, 24 Februari 2011

Understanding economics

Economics is a system of human activities associated with the production, distribution, exchange, and consumption of goods and services. The word "economics" itself comes from the Greek word οἶκος (oikos), which means "family, household" and νόμος (nomos), or "regulations, rules, laws," and broadly defined as "household rules" or "management household. "While the economy is an expert or an economist is a person using economic concepts and data in the work. The study of economics known as economics.

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