Economics is one viable foce that determines the rate of supply and demand in relation to the scarcity level of resources. It has two components such as Microeconomics which deals with the behavioral analysis of consumers, firms and how the governement react to their issues. The other component of economics is called Macroeconomics which looks after the rate of inflation , industria production, unemployment and of course how the government reacts to the flow.
Here are a few jokes that defines what economics is all about;
(Dilbert: Not sugar coated, Web, 2011)
This clip shows choosing from trategy options, in economic principles it is defined as a pointing direction for an organization in ...
