Hi,
This is an attempt explain few things in a simple manner. But economics is not a simple cake. It has been made tough as hell by the jargons that keep sprouting. It tough also because, every event is different in the eyes of different people. What is income for somebody is somebody else' expense. What is demand for one, is somebody's supply. But it is an important part of life. Having knowledge of economics will sure not hurt. It may just help. This attempt, is by no way the most "correct" method. I mean the terms may not be exactly defined as such. But it is close. My only attempt is to create interest and make aware of few things. I hope is simple enough for you consider to start reading economics in details.
If there is a central theme you must remember at all the times while reading these passages, then it is this: The Party is still on, enjoy the Party. Don't worry too much about the future, live the present. But plan, who will drive you to home when you have finished partying. Plan, how you will manage the hangover effect.
PARTY HARD, JUST KEEP YOUR HEAD ON YOUR SHOULDERS. [I hope I am able to keep it too :)]
Tip 1: This is a story, only that it deals with economics. You would have to go through the sequential parts, other wise much of the continuity, the "process" will be missed.
Tip 2: Many times I have included some texts in the [ ] which just help you out, in visualizing the contexts and interpretations. You can skip them, if you find it difficult, and still not loose anything.
:) Falkor
This is an attempt explain few things in a simple manner. But economics is not a simple cake. It has been made tough as hell by the jargons that keep sprouting. It tough also because, every event is different in the eyes of different people. What is income for somebody is somebody else' expense. What is demand for one, is somebody's supply. But it is an important part of life. Having knowledge of economics will sure not hurt. It may just help. This attempt, is by no way the most "correct" method. I mean the terms may not be exactly defined as such. But it is close. My only attempt is to create interest and make aware of few things. I hope is simple enough for you consider to start reading economics in details.
If there is a central theme you must remember at all the times while reading these passages, then it is this: The Party is still on, enjoy the Party. Don't worry too much about the future, live the present. But plan, who will drive you to home when you have finished partying. Plan, how you will manage the hangover effect.
PARTY HARD, JUST KEEP YOUR HEAD ON YOUR SHOULDERS. [I hope I am able to keep it too :)]
Tip 1: This is a story, only that it deals with economics. You would have to go through the sequential parts, other wise much of the continuity, the "process" will be missed.
Tip 2: Many times I have included some texts in the [ ] which just help you out, in visualizing the contexts and interpretations. You can skip them, if you find it difficult, and still not loose anything.
:) Falkor
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