Economia para prepa

1) Definition (s) of Economics and the objective
Is the study of consumption, distribution and production of goods and services.
2) Definitions Microeconomics and Macroeconomics and examples.
•Macroeconomics: study the economy of a country, taxes, stock market, employment, currencies, trade balance, appreciation and devaluation.
• Microeconomics: companies, personal economy and fusions
3)Examples of Positive and Normative economics
• Positive: NUMBERS, description, exactly.
• Normative: SUGGESTIONS, critics, comments, only words.
4) Definitions of price, value, use-value andvalue of exchange
• Price: how much, send and buy only
• Value: is the appreciation of the good, how important the goods and services are for us
• Use-value: is the value by the utility of the goodor service,
• Exchange value: is the comparison of the goods, physical characteristics
5) Needs and wants: definition and identify examples
• Needs: the things that we need to survive, example:eat, education, coexist with other people, wearing and a house
• Wants: wishes, and desires that people have, example: celphone, go to the disco, car.
6) Types of goods: Study examples of each type• Intermediary goods: they are used in the production of other products, such a partly of the final one, example: sugar, textiles, ancillary parts, car engines.
• Capital goods: goods that help tomake another goods better, example: machinery, tools and technology to create, equipment, glue, meters, printer.
• Substitute goods: when the DEMAND of a product increases because the PRICE ofanother good increases too, example: coffee and tea, margarine and butter, mp4 and mp4, petroleum and natural gas, turkey and chicken.
• Complementary goods: are the goods in pair that we need to buy orconsume both, example: DVD and DVD player, CDs and CD player, tea bag and water, toothbrush and toothpaste, bread and butter, car and gasoline.
• Public goods: those goods that can be consume by all...