What are the principles of economics?

question 1: what are the principles of economics? at present, the principles of domestic economics mainly refer to western economics (western classics), which is mainly divided into two parts, macro and micro. Micro-research is mainly focused on personal and family consumption, while macro-research focuses on economic activities of enterprises, industries and countries. The former is an introduction to learning, while the latter is more difficult.

question 2: what is the principle of economics? At present, the principle of household economics in China mainly refers to western economics (western classics), which is mainly divided into two parts, macro and micro. Micro-research is mainly focused on personal and family consumption, while macro-research focuses on economic activities of enterprises, industries and countries. The former is an introduction to learning, while the latter is more difficult.

question 3: is there any difference between western economics and economic principles? Yes, there is a big difference. The principle of economics is Marxist economics, which has no practical significance. Western economics is divided into macroeconomics and microeconomics, in which macroeconomics studies the specific policies and systems in an economic collective with a general view. Microeconomics studies the individual behaviors of a single economy, such as an enterprise, such as how to maximize profits and the purchasing power of consumers.

Question 4: What have you gained from reading Man Kun's Principles of Economics? This ...

Ferrari in the English version has become Porsche in the Chinese version ...

In fact, 99.9% of the Chinese version and the English version are the same. I read more than 2 chapters and found the abridgement, sweat, I told you, the Chinese version doesn't seem to give this example to illustrate ...

The following is the content in the English version (not in the Chinese version). I didn't write all of it, but only extracted a part:

... Economists Andrew Bernard and Meghan Busse Have Examined the Determinants of Olympic Success. The Most Obvious Interpretation is PO. pulation: Countries with more people will, other things equal, have more star athletes. But this is not the full story. China, India, Indonesia, and Bangladesh together have more than 4 percent of the world's population, But they typically win only 6 percent of the medals. The reason is that the countries are poor: despite Chang heir large populations, they account for only 5 percent of the world's GDP. Their, Poverty Prevents Many Gifted Athletes from Reaching Their Potential.

... in addition, the former munist countries of Eastern Europe (the Soviet Union, Romania, East Germany, and so on) earned more medals than other countries with similar GDP. These centrally planned economies devoted more of the nation's resources to training Olympic Athlete did not do free-market economies, where people have more control over their own lives. (on human rights issues in socialist countries)

I didn't expect such a paragraph in the English version … no wonder it was deleted. But what others say is true:) xxx

In short, although Man Kun's book is set in American society, many principles in economics are the same, especially in the case of globalization, stubbornly sticking to its own form is similar to standing still. China's economy is undoubtedly Chinese-style. Even when Man Kun's books are introduced, they should be abridged to avoid sensitive topics, and it is impossible to treat problems objectively, comprehensively and honestly. The problems reflected in Man Kun's book actually explain why China's economic model and its ability to analyze and solve economic problems are still relatively backward.

This is my experience, which is a ... incomplete personal view. I don't know what the nature of your interview is. If you want to be safe, you'd better answer safely ...

Oh, and my other experience is that

you can't write down all the principles of economics, especially the macro part, at least you should read them twice. ......> >

question 5: commonly used economic principles? Ten principles of economics--

Economics is a study of the general affairs of human life. The principles of economics can be applied to many aspects of life, which can help you understand the world you live in and make you participate in the economy more wisely. No matter where you are in the future, you will be glad to have studied economics.

one of the ten principles of economics: people face alternating relations

&; Quo Geng; There is no free lunch. In order to get one thing, you usually have to give up another. Making a decision requires us to choose between one goal and another.

Students face the alternation of how to allocate study time, parents face the alternation of shopping, traveling and saving, and society faces the alternation of efficiency and equality.

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Efficiency: the characteristic that society can get the most from its scarce resources.

equality: the characteristic of fair distribution of economic achievements among social members.

the second of the ten principles of economics: the cost of something is what you give up in order to get it

in many cases, the cost of an action is not as obvious as it seems at first glance.

the opportunity cost of a thing is to get what this thing gives up.

considering the decision to go to college, the cost is not housing and meals, because even if you don't go to college, you have to rent a house and eat. The biggest cost is time. If you spend your time in college at work, the salary you can earn is the biggest single cost of going to college.

Therefore, if many professional athletes of college age give up sports and go to college, they may earn millions of dollars less each year, so the cost of going to college is much higher than that of ordinary people. This is why many professional athletes must retire before going to college.

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opportunity cost: something that must be given up in order to get something.

the third of the ten principles of economics: rational people consider marginal quantity

Many decisions involve small incremental adjustments to existing action plans, which economists call marginal changes.

suppose that the cost of a 2-seat plane flying once is $1,, and the cost of each seat is $5. Some people will say that the fare should never be less than $5. However, when the plane is about to take off, there are still 1 empty seats. Passengers waiting for a refund at the gate are willing to pay $3 for a ticket. Should they sell it to him? Of course you should. If there are empty seats on the plane, the cost of adding an extra passenger is negligible. Although the average cost of a passenger's flight is $5, the marginal cost is only a bag of peanuts and a drink that the extra passenger will consume.

only when the marginal benefit of an action is greater than the marginal cost will a rational decision-maker take this action.

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marginal change: a small incremental adjustment to the action plan.

Four of the Ten Principles of Economics: People will respond to incentives

Trade enables everyone to specialize in what they are best at. By trading with others, people can buy all kinds of goods and services at lower prices.

Every family in the economy competes with all other families, but it will not be better to isolate your family from all other families. If so, your family must grow food, make clothes and build houses by itself.

countries and families can also benefit from mutual transactions.

the fifth of the ten principles of economics: trade can make everyone better off

trade enables everyone to specialize in what they are best at. By trading with others, people can buy all kinds of goods and services at lower prices.

Every family in the economy competes with all other families, but it will not be better to isolate your family from all other families. If so, your family must grow food, make clothes and build houses by itself.

countries and families can also benefit from mutual transactions.

the sixth of the ten principles of economics: the market is usually a good way to organize economic activities

In a market economy, the decisions of central planners are replaced by those of millions of enterprises and families. These enterprises and families trade with each other in the market, and prices and personal interests guide their decision-making. They seem to be guided by an invisible hand, which leads to satisfactory market results.

Price guides these individual decision makers to achieve the result of maximizing the whole social welfare in most cases.

market economy: when many enterprises and families trade with each other in the goods and services market, they allocate resources through their decentralized decisions.

Seven of the Ten Principles of Economics: * * * can sometimes improve market results

* * intervenes in the economy ... > >

Question 6: Briefly describe the ten principles of economics. Principle 1: People are faced with alternating relationships.

The original sentence can be understood as "People are faced with trade-offs".

It is important to realize the trade-offs in life, because people can only make good decisions if they understand the choices they are facing.

principle 2: the cost of something is what you give up to get it

the opportunitycost of something is what you give up to get it.

principle 3: rational people consider marginal quantity

"marginal quantity" refers to the change of an economic variable under certain influencing factors.

individuals and enterprises will make better decisions by considering marginal quantities.

Principle 4: People will respond to incentives

Because people make decisions by comparing costs and benefits, when costs or benefits change, people's behaviors will also change. That is to say, people will respond to incentives.

Principle 5: Trade can make everyone better off

In a sense, every family in the economy competes with all other families. Despite this competition, isolating your family from all other families will not make everyone better off.

Principle 6: The market is usually a good way to organize economic activities.

Enterprises and families trade with each other in the market, and prices and personal interests guide their decisions.

Principle 7: * * * can sometimes improve market results

Why do we need * * *? One answer is that the invisible hand needs * * to protect it. Only when property rights are guaranteed can the market operate. However, there is another answer. * * * There are two reasons for intervening in the economy: promoting efficiency and promoting equality.

Principle 8: A country's living standard depends on its ability to produce goods and services

The differences in living standards among countries in the world are amazing. With the passage of time, the living standard has changed greatly.

Principle 9: When * * * issues too much money, prices rise

When a * * * creates a large number of domestic currencies, the value of the currency declines.

Principle 1: The society is faced with a short-term trade-off between inflation and unemployment

When * * * increases the amount of money in the economy, one result is inflation, and the other result is to reduce the unemployment level at least in the short term.

question 7: what are the main parts of economic principles? What is the basic part? Economic principles are mainly divided into microeconomics and macroeconomics. The former mainly includes demand and supply, consumer behavior, production theory, cost and income, market theory, distribution theory, market failure and so on. The latter mainly includes national income accounting, national income determination, unemployment and inflation, economic growth and economic cycle, macroeconomic policy and practice. Economics is a social science that studies human behavior and how to rationally allocate limited or scarce resources. The English Economics of economics is written in Greek? κο? [oikos], meaning family, clan, property (family, household, estate) and ν? μο? [nomos], or law (custom, law), literally refers to family management or * * * management.