PROFESSOR: SANTOS MATEOS JOSE LUIS

GUERRRO GONZÁLEZ MONSERRAT MATERÍA:

FUNDAMENTALS OF ECONOMICS

CAREER: BUSINESS ADMINISTRATION

TITLE: CONCEPT MAP, SYNTHESIS OR SUMMARY

UNIT I

30/ENERO/2023

It is a social science that studies

how to manage limited resources
and analyze the behavior,
decisions of human beings.
 Definition de economy

Economics as Science

It is the science that studies how

families, companies and
governments organize the
available resources that are
usually resources to satisfy.

The 4 basic principles of the scientific method

are: Hypothetical method or observation: it is a
provisional assumption to establish relationships
Inductive method: It is the reasoning that starting
from particular cases rises to general knowledge.
Deductive Logical Method: there are two types: Methods of studying
Direct: the judgment of a single premise is economics
obtained, that is, a direct conclusion is reached.
And Indirect: It needs logical syllogism where the
syllogism is a grouping consisting of three
propositions Synthetic Method and Proof: It is
used in all experimental sciences and through it
the generalizing laws are extracted.
1. Economics and Sociology: it is that in both are
social sciences that study the activities and
behavior of human beings. Economics in relation
to mathematics and statistics: They are the main
tools used by economics to establish and verify a
hypothesis Economy and history: They are closely
related, for example, the vast majority of wars or
important decisions that have occurred in world
history. Economics and Psychology: It is the
science of the mind that studies all types of
behavior be it childish, clinical, forensic; also
unlimited and medium and limited desires.
Economy and law: society through laws will delimit
the form of economic behavior of individuals. That Relations of
is, to understand the economic actions that people economics
carry out. Economy and Technology: Since with science
technological innovation has served as very useful
to achieve greater levels of competitiveness in
international markets. Echo...
 1. The Positive Economy: It is the one that
describes and explains various economic
phenomena. Normative Economics: It is the one
that focuses on the concept of economic justice
or how the economy should be

DIVISIONS OF THE
ECONOMY

MICROECONOMICS: Studies the decisions of the

different economic agents from the individual point
of view; It analyzes the decisions of companies
whether large or small. MACROECONOMICS:
The imbalance between production,
The changes in production, inflation, the interest
distribution and consumption generates rate and the balance of the states are entered into
various phenomena that affect the economy; economic performance.
Some of them are unemployment, scarcity,
overproduction, devaluation, inflation,
indebtedness and damage to the
environment.
 MICROECONOMIA Y
MACROECONOMIA

Principales Problemas económicos

BIBLIOGRAPHIC SOURCES 1.- Educatina (December 23, 2013) concept of economics.

You Tube Videos https://youtu.be/DB9pjZRxBzs 2.- Economics from home(28-June-2021)

Economics and its relationship with other sciences. You Tube Videos

https://youtu.be/KjhzBqwODno 3.- Economy From Home(17-June-2021) NORMATIVE

and POSITIVE ECONOMY | Examples and Differences. You Tube Videos

https://youtu.be/DPMdk98hKJg