Economy and Business
Money was invented thanks to the economy and the business, fact that summarizes the importance of this block.
Macroeconomics
This science studies the economy in a large scale (GDP, inflation rate ...),rather than the behavior of individual companies. It is useful to determine for example, if a country is recovering from an economic crisis.
The National Debt:
What is good and what is bad for a country in owing money. This module focuses in the US as this country may be facing a huge problem in the long-run or giving a lesson of economy to the rest of the world.
The Interest Rate:
The price of money is also a tool to stimulate or contract the economy. The Interest rate is decided by central banks and an incorrect choice may lead to disaster.
Microeconomics
This science studies the economy of a single corporation or a group of companies. So we can estimate the effects of a change in prices for example.
The Budget Constraint:
This is a graph used to draw the affordable options of consumers.This graph changes with prices taxes,rationing... helps to understand changes in consumption when something happens with people's budget.
