Microeconomics Basic concepts

Description

Conceptos Basicos
Lucia Rodriguez
Mind Map by Lucia Rodriguez, updated more than 1 year ago
Lucia Rodriguez
Created by Lucia Rodriguez about 3 years ago
13
0

Resource summary

Microeconomics Basic concepts
  1. Economicit: studiesour behavior as human beings, how we manage goods

    Annotations:

    • Definicion propia
    1. Example: Work raw materials and produce a final product
      1. It is of vital importance for the economic development of a country
    2. Microeconomics: individually studies people, companies, their behavior in demand and supply

      Annotations:

      • Definicion propia
      1. Example:The study of the consumption of a household, the salary of the people who work in that household
        1. provides tools that help make decisions in a company, shows the behavior of the demand for a good.
      2. Circular flow of incomeIt is the way in which the different economic agents that are part of an economy express themselves.

        Annotations:

        • Definición propia
        1. Examplle:buy market, shoes: The cash flow is what I pay for my purchase and the actual flow is the product I receive
          1. This allows us to understand the behavior of the economy, the relationships that exist
        2. Physical flowIt is the exchange that exists between a family and a company for a good or service provided

          Annotations:

          • Definicion propia
          1. Example:The coffee growers cultivate the land to be able to obtain coffee and sell it to a company
            1. It allows us to see the relationship between families and companies, their behavior
          2. Monetary flow: It is the exchange that is made between a company and an individual, the payment that is made for a good or service

            Annotations:

            • Definicion propia
            1. Example:A coffee cooperative buy coffee from coffee growers, these coffee growers pay for the products they need to grow, they pay for services -
              1. It allows us to analyze the behavior of the transactions carried out in a company and with the people who provide a service.
            2. Economic systemThey are the relationships that are required to formalize, organize all the economic activities of a society. They are the rules or parameters that govern, for example a country.

              Annotations:

              • Definicion propia
              1. Example:Capitalist economic system
                1. It is necessary to be able to determine the parameters, conditions for making your decisions
              2. Capitalist economy: It has the freedom of the market, since its means of production are private.

                Annotations:

                • Definicion propia
                1. Example:Private businesses
                  1. Contributes to growth to a country
                2. Centralized economy:It is led by the state, everything depends on them. It lacks freedom.

                  Annotations:

                  • Definicion propia
                  1. .Example:Some countries like Russia, Germany and Ukraine have a centralized economy
                    1. In some cases it can guarantee the production of food necessary for a country, generate growth,but it depends on its rulers
                  2. Mixed economyIt is to unite the capitalist economy, that is, the private sector, with the centralized economy, that is,with the states.:

                    Annotations:

                    • Definicion propia
                    1. Example:Panachi, Trasmilenio
                      1. Mixing the strengths and advantages of both can bring benefits to the country.
                    Show full summary Hide full summary

                    Similar

                    Función de planificación y organización
                    Juan Jose Peña Moles
                    Tema 7. Organización Económica de las Sociedades
                    Joaquín Ruiz Abellán
                    Economía de la Empresa - Test de Selectividad
                    Virginia Vera
                    Economía Estrategia y Desarrollo Empresarial
                    Isabel Ordoñez M
                    ECONOMIA
                    liz11
                    Economía en los Procesos de Refinación
                    Luis Gomes
                    Clases de empresas
                    jorggeariza
                    Balance de Situación
                    Diego Santos
                    Economía de la Empresa para Selectividad
                    Diego Santos
                    Conceptos básicos de Economía
                    María Eugenia Méndez Piamba
                    Contabilidad de Costos
                    leodavidpb