In this section of our whatAsker.com we will address themes, definitions, influential currents and main events in Economics as a social science. Economics as a science is linked to the production of the material life of human beings , the first conscious act of survival and preservation of the species. Throughout this section, we will find fascinating articles that address everything from the primitive economic organizations created by man, to the most modern forms of production.
Economics as a science began to occupy a prominent place in the conceptions of human beings from the advent of modernity and the great changes in the forms of production. The massive production of merchandise produced profound social transformations in the lives of men and nations. Therefore, here you can find the different concepts that have had a determining influence on the economic direction of the countries . The work of men like David Ricardo, Adam Smith, Karl Marx, John Maynard Keynes and others, who to this day are the subject of debate.
The WhatAsker.com addresses, in this section, topics and advice dedicated to microeconomics, which have a strong impact on the domestic economy.
The duopoly is a type of competition that occurs within a market that is mainly characterized by the existence of two companies that produce an item and that control the entirety of a specific market , thanks to the joint pricing of goods. that product. What is the duopoly? It is a way of competing that occurs within a market and that is mainly characterized … Read more
When we speak of monopolistic competition, we refer to the competition that exists between the different monopolies, it is a type of competition in which there is a fairly significant number of producers who act within the market without a dominant control being given by them. they. It is frequently observed in product markets that we normally observe … Read more
The monopsony is also known within the field of economy as the monopoly buyer . The word is derived from the Greek word mono , which means unique, and psonios, which means purchase. This is a type of market in which we can observe a single buyer and a large number of them are not observed. This is one of the reasons that makes this type … Read more
The word oligopsony comes from the Greek words ” oligos ” which means little, and ” psonio ” which means, buy. Completely opposed to the oligopoly where power belongs to the producers or sellers. It is a type of market and competition located in what we normally know as imperfect competition, which arises within a market in which there is a small number of demanders in whom total control … Read more
The perfect competition that occurs within a given market is what happens when none of the agents that participate in the market can exert some kind of influence on the price of a specific product or service, this means that, the Sellers and buyers are price-takers . It is a type of a market in which there are a large number of producers for the same homogeneous product or … Read more
The word oligopsony comes from the Greek words ” oligos ” which means little, and ” psonio ” which means, buy. Completely opposed to the oligopoly where power belongs to the producers or sellers. It is a type of market and competition located in what we normally know as imperfect competition, which arises within a market in which there is a small number of demanders in whom total control … Read more
The marginalismo is a school of economic thought which emerged in the middle of the nineteenth century as a reaction to the classical school , was also known as the neoclassical school . It focuses on the last unit produced or on the loss of a certain asset. The main contribution of marginalism to the world was the law of decreasing marginal utility , which explains that … Read more
The monetarism is a kind of doctrine economic that is responsible for studying the effects that different changes in supply currency on economic variables such as employment , prices or production . You have the idea that the money supply will increase, producing an increase in production in the short term and inflation in the long term. The foundation of monetarism is based on the quantity theory of money. This theory implies above all an accounting … Read more
To start, it is important to mention what a sector is . The sector, seen from the economic point of view, is the set of activities that take place in a given place, whether of a productive or commercial nature . All these groups that are generated in the place can be grouped into three different and broad sectors: primary sector, secondary sector and tertiary sector . The tertiary sector is known globally as the … Read more
The word collusion comes from the word ” collusion ” which refers to a certain agreement that is taken illegally and that is established by two or more parties with the sole objective of causing harm to a third party . It is a pact that is made by a company to damage something or someone. When we refer to the field of economics, collusion is an … Read more