Economic Concepts Flashcards Preview

CPA - BEC > Economic Concepts > Flashcards

Flashcards in Economic Concepts Deck (4):
1

What is economics?

Concerned with allocation of scarce resource

2

Microeconomics

Economic activity at the level of individual decision making unit

3

Macroeconomics

Economic activity at national level

4

International economics

Economic activity across national boundaries

Decks in CPA - BEC Class (62):