Economics is the study of wants and desires in our human society. The economics is the way humans prioritize their desires and how much they are worth in terms of payment for those desires, also known as products and services. There are many factors involved in the decisions made, such as social customs and societies political realities all play a factor on the decisions made. Putting the desires in an order or prioritizing them and deciding what, how much to make, how to produce it, how much it will cost and who will produce it are all a part of economics. Microeconomics is the study of the economy from an individual prospective of supply and demand in accordance with cash flow. Finding the amount of cash remaining after the essential are met, such as housing, food, transportation etc leaves the spending cash, if any. Macroeconomics is a study of the economy as a whole. Macroeconomics analyzes from the whole to the parts, dissecting from the largest part the smallest part, to see how the system, from the top down. Large companies analyzed from the corporate level to the way i......

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