Basics and fundamentals of the economy - national and international approach

Basics and fundamentals of the economy - national and international approach -

Wherever we go, the economy is everywhere around the world, and it can be located in all major continents around the globe. It starts at home to global approach. In my own opinion, Economics is a social science. There are several branches of the economy to cope with and these are: sociology that studies the society and culture, physics, the useful investigated in the production of goods and services, the machinery and electricity produced, political science, because they the economic policies of individual study leaders around the world, because they influence the government of economic activity, history, or the past, present and future events of economic development, religion, because they are on the study of religious traditions and beliefs based on studies can promote discourage economic development.

readers and viewers to discover the contents of the economy and know. This article provides basic and fundamental principles of economics will take his attack. Fundamentals of Economics is focused on banks or banks, business, business cycle, depression, economic freedom, income, inflation, investment, labor, manufacturing, marketing, money, monopoly and competition, consumer price index, cost of living, Physiocrats price, production, profit , property or real estate business to do recession, rent, living standards, supply and demand, confidence, unemployment, VAT, where I believed that this term is understood by the audience. The importance of the economy is very simple. After Fajardo, author of his book entitled "Economics" third edition, the importance of the economy, the social sciences, who worked for the maximum satisfaction of human needs with the proper allocation and efficient use of available resources and will.

[19459001Hier] in the economy, there is also an economic system and theories that learning from the readers and viewers. You need to know the information of capitalism, communism, economic determinism, Facism, laissez faire theory, theories of the business cycle, Manioralism, mercantilism, socialism and syndicalism. You have to realize that the economic system is a set of economic institutions that dominate a particular industry. There is also a story in Economics from the past to the present, in the future. After Fusfeld who has a knowledge of John Meynard Keynes, or as "Baron Keynes of Tilton" known, which has a famous book, which is now very popular, to the title "Keynes The General Theory of Employment, Interest and Money" which was written in 1936, which is one of the most important books on economics. Besides being among his other works A Tract on Monetary Reform written in 1923, the end of laissez faire theory written in 1926, and 1930. written A Treatise on Money in year There are also future in the economy, and these are known as "ethical economy in which I discover it in my next article and further is economic crisis which can not predict when it happen, so it belongs to the future.

by the introduction and historical to mention the background of the economy, I will do this time to domestic approach. the author of this article on the Philippine financial system to share to focus ideas, thoughts and opinions of other nations. this article is a great help for those who take Master - and Promotions Degree in Economics in the Philippines, the most commonly used are based on financial institutions banks, pawnshops, insurance, loans, financial or credit company.. the Banngko Sentral ng Pilipinas or BSP (former Central Bank of the Philippines) known is the central monetary authority and its purpose is to maintain monetary stability and to promote a balance and sustainable economic growth.

will be the last part Content international approach because it deals with the global economy. In our planet earth seven continents around the globe gather to participate in international trade. For those who are interested in this part of my article, they can do it in the tariff, trade, International Monetary Fund, or known as the IMF, the Asian Development Bank or known as ADB, exports and imports, common market, foreign exchange or diminishes you, World Bank.

to understand the importance of international trade, according to James B. Calderwood, "international trade is the exchange of goods and services between countries, and it is sometimes called" World Trade "or" outside ~~ POS = TRUNC ". to explain this meaning, it is a nation to produce the goods it can make cheap and exchange them for goods it takes more expensive to produce from one country to other countries allow. that's how international trade mean for profitability. the good example, which is the international trade practice, Japan, because they can compete with other countries.

the world Bank, international Monetary Fund and the Asian development Bank are the main lenders for our country. Their development means who focus on economic development, such as agriculture.

to mention to my salary the economy from domestic to global approach, they have to recognize that we in the concerns of social responsibility, this is rich to or poor people refers, it is not.