It’s been eminent from the past from doing economics assignments that the society tends to ask for more then available which leads towards the scarcity of resources. The main resources that regulates a society are land, labor and capital and are allocated to generate the goods or services for the society and are meant to be used smartly in order to cope with the scarcity caused by the societal demand. Economics is the source of knowledge that provides the skills and knowledge required for making decisions for the production and distribution of the scared resources. So we can say economics have helped in acquiring a way of thinking towards the production and distribution of the scared resources. 1. MICROECONOMICS Microeconomics talks about individual buyer and studies the market system for small scale and focuses on the preferences and choices of individual buyer or consumer, firm or organization or other small economic units. 2. MACROECONOMICS Considering and studying the choices and preferences of firms, organizations or any other large subsets of society and considering the aggregate performance of the society is termed as macroeconomics.
DEMAND Every market has a buyer that creates the demand and a seller that manages the supply. Demand is usually represented by a demand schedule which highlights the quantity and price as initiated by the consumer. As explained by the law of demand, the relationship between price and quantity is inverse and is represented through a graph known as the demand curve and algebraically explained through the demand equation. SUPPLY All sorts of assignments are welcome. University assignments are well-written the absolute most valuable habit to find excellent grades in the class. The university assignments aren’t something you can take lightly. So, to help yourself with they come here where you will get the best of the online assignment help at the affordable rates. Economic assignments involve a distinctive procedure for assessing, and developing equations for each financial assignment which will help the scholars to master them in the subject of economics. 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