Topic: Define Economic Obsolescence
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What is economical obsolescence?
when there is a loss of value, example houses loose value due to market condition or proper maintenance Read More »
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How to Define Market Economics
A basic economics course in college introduces students to the basic concepts of economic thinking. Students should be able to identify and describe various types of economic systems, including a market economy. The U.S. economy is based la... Read More »
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How to Define Financial Asset Economics
In economics, financial assets refer to assets that derive their value from a contractual claim. The most widely used financial assets are stocks, bonds, bank deposits and other securities. Financial assets are popular among investors becau... Read More »
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Answers to Other Common Questions
Markets and industries are two central concepts in economics. "Markets" refer not to physical places, but to groups of buyers and sellers of particular goods and services, while "industries" refer to the firms and activities involved in pro...
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While there is a wide range of economic indicators, all of which give a different perspective on the general health of the economy, there are two key indicators that, when combined, give a broad-based view of how the entire economy is doing...
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Answer According to Princeton University, Economics is the study of the production, distribution and consumption of goods and services. Answer Economics is usually defined as the problem of how best to distribute limited resources, limited ...
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Source: http://wiki.answers.com/Q/What_does_econimics_mean
The branch of social science that deals with the production, consumption and distribution of goods, services and their management.
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what is Economics? Economics is a science which studies human behavior as a relationship between ends and scarce means which have alternative uses. Just to add to your knowledge: The word economics comes from a greek word Oikou-Nomos or O'k...
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what is the defination of economics
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Economics is the branch of social science that deals with the production and distribution and consumption of goods and services and their management,
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