Economics. Demand, supply, and elasticity - реферат по английскому языку

 

Тезисы:

  • The price elasticity of demand or supply will differ among goods.
  • Economics is the study of how society allocates scarce resources and goods.
  • Economics is the ancient science.
  • Economics is the method and the instrument of thinking.
  • Today the interest for economics is growing.
  • The scope of economics is indicated by the facts with which it deals.
  • As a scholarly discipline, economics is two centuries old.
  • The first scientist who made extraordinary contributions in economics was Adam Smith.
  • The distinction between makro- and microeconomics is a matter of convenience.
  • Changes in income: the demand for a good may also be affected by changes in the incomes of buyers.
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