Economics: Difference between revisions

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For our purposes, the working definition of Economics will be: ''The exchanging of socially valued items, both concrete and conceptual. This includes but is not limited to; currency, tangible items, services, food, water, housing, ideas, healthcare, real property, stocks, leases, promises of future services, favors, etc.''
[[Economic Models]]
 
===== Next a list of things that might motivate an individual to participate in this exchange: =====
Basic survival need, perceived social need, pursuit of financial reward, fear of punishment, pursuit of individual reward. 
 
===== Next a list of various economic models with attempts to point out their strengths and weaknesses. =====

Latest revision as of 09:22, 24 September 2018