The existence of the money was tacitly
acknowledged in the discussion of the
price. Money is not require preface. We all know very well the importance of money. Actually, many
consider that money as a major part of
economics (oh it's all about money). So let's review the money and see what
makes a complicated subject, which caused so much debate, including the economic
experts contend with each other.
Changes in demand could have occurred because request is essentially a matter of taste. Whether or not they get satisfaction (economists would say usability) of using this product seems simple. However many factors involved in it. Starting from their income levels are similar to the price of goods such as apples and oranges, how much the use of lime for example. One of these factors can change and cause a chain reaction.
This time, after discussing the economic
philosophy of laissez faire philosophy of the bloggers will discuss the economy
to another Karl Marx and
Communism. Although
it seems unsurpassable, philosophy laissez
faire under challenge because private companies are not restricted,
although it raises the level of production, is considered not to distribute the
profits evenly. If
the rich get richer, the poor get poorer, so that the submission of claims,
exploited, miserable life, living in slums, forced to work in a long time with
low pay, and often do not get a job, they're starving.
Why does everything have a price? To
begin to understand how the price
is determined, try to imagine yourself, in your backyard garden, plant some
extra cabbage trees in excess of what you need. What price would
you ask for cabbage, cabbage is it? Or
say you are skilled in carpentry work, and at a time when leisure, you can
create a seat for sale. What
price would you ask? Funds if you do not
lose time to make it?
Adam Smith and Laissez Faire.
In
this climate of opinion emerged for the first great economist, Adam Smith . Professor of the University of
Glasgow. His
book, The Wealth of Nations, published in 1776, provide a rationale that sought
by the new captains of world industry produces many different needs.
If we come to the study of modern
economics, we must start with a cautious attitude. Because not all modern economics the same. You
may be argued that, based on the logic of economic
development, all modern states would lead to similar forms of economic organization. But
if you look at the whole world right now, you can clearly see the two forms.
Before
starting with the subject, let us examine one aspect of the issue, which is
less favorable. Of a question why
economists contend with each other? You probably already know that the
professional economists spend a lot of time to argue with each
other. You've probably heard the old expression that says that if all economists converge
world, they would not reach a conclusion together.
Production is the heart of
the study of economics. We only consume what we
produce. This is the basis. For
most of the world's population, is still a problem how to produce enough food,
clothing and housing to keep how to get people to survive regardless of the
other. However,
people often lose sight that produce goods is something that is fundamental,
especially in countries which are economically developed. How to Make
Goods Manufacturers Wanted Person?
Economic problems!. As
does, study economics will
not be there if everyone already has everything they want or can obtain without
having to thrive. Berantah
bran say in full satisfaction of its people live, work just as well lie down,
careless dipantai berleha. When
they get hungry enough approaching the nearest coconut tree and pluck the
fruit. They
do not need or want a steak, pizza, handphon, washing machine or car. An
amazing life and for people like this do not need the knowledge economy. Knowledge
economy is to people who do not get everything they want and are willing to
improve this situation.
Is it economics? If you are considering to study economics. Or maybe you've just heard people talk about it and feel a little stupid because you can not follow the conversation as well as the jargon out of their mouths. So Is it economics?. I'm not an expert but a little more exchange of experience is no problem sharing a little knowledge.
