Introduction to Economic and Decision Making - Barbudhe, Vishwajit K.;Zanjat, Shraddha N.;Karmore, Bhavana S.
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Economics is the study of how individuals, businesses, and societies allocate limited resources to satisfy unlimited wants.Microeconomics focuses on the behavior of individual agents, such as consumers and firms, while macroeconomics examines the overall economy, including factors like inflation, unemployment, and national income.The economic problem of scarcity arises because resources are finite, and choices must be made regarding what to produce, how to produce, and for whom to produce.

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Produktbeschreibung
Economics is the study of how individuals, businesses, and societies allocate limited resources to satisfy unlimited wants.Microeconomics focuses on the behavior of individual agents, such as consumers and firms, while macroeconomics examines the overall economy, including factors like inflation, unemployment, and national income.The economic problem of scarcity arises because resources are finite, and choices must be made regarding what to produce, how to produce, and for whom to produce.
Autorenporträt
Prof. V. K.Barbudhe is working as Professor at Artificial Intelligence & Data Science Department, Sandip Institute of Technology and Research Center, Nashik. Years of experience - 14+. He published more than 50 papers in international journals. He works as an International Expert at international conferences. He worked as an Editorial Board Member.