The Economic Problem
5:10
YouTubeafter the bell
The Economic Problem
In this video we explain what economics actually is, which begins with the basic economic problem, and we distinguish between the two disciplines of microeconomic and macroeconomics. We look at the factors of production used when making goods and services: land, labour, capital and enterprise, as well as the different economic agents who demand ...
47.9K viewsMar 16, 2019
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