The purpose of this course is to present the resources of the economy and their proper use.
At the end of this course, students will:
- Specify the resources and factors of production in the economy,
- Determine the economic role played by the social organization and
- Define various economic indicators in the field of labor and prices.
Having a glimpse at bird view our global economy, we should now see the main components. These are the resources of the economy and their particular role.
To please our professional bias, we must also consider measures of these resources and economic activity in general, so that our speech is more appropriate and accurate. These are economic indicators . We saw them with the national accounts, a few of the best known. However, there are thousands of them!
In fact, an economic indicator is any statistic that is economically significant : production, consumption, labor, prices, etc.