Economics Overview

Overview Essay Economics is the social science that studies the production, distribution, exchange, and consumption of goods and services. The study of economics focuses on how individuals, corporations, and societies choose to use the scarce resources provided by nature and previous generations. The first Goal that I learned about was Economic Efficiency which in economics is the relationship between an individual's interests and the interests of the group. Under some circumstances, there is conflict; under …

…is for sure, In the future I may forget what each goal means, but I will never forget the 7 goals of the Canadian economy which are: Economic Efficiency, Income Equity, Price Stability, Full Employment, Viable Balance of Payments, Economic Growth and finally Environmental Sustainability. I actually ended up learning a lot in completing the Scrapbook and proved to be a good assignment to do, and I'm happy to say that I'm finally done, thank you.