Economic Problems: Solutions and Systems
Economic Problems: divided into 3 problems: to produce (1) and (2) and for whom (3). 1-we’re going to produce the resources it needs disponemos.Depende members society. 2 – Who’s going to take to carry out productive activity and amount of product FNAL-obtener. 3 will seek the benefit of those who will buy it. Ways to cope with economic problems: Tradition (1) authority (2) market (3) 1-pass your father your work, drawbacks come before the custom, whether operational or not, rationality and effectiveness, efficiency is not pursued, there is no notion of scientific and investoigacion-usually tecnologica. 2 the state the EU intends to solve the three basic economic problems, this way of tackling the three problems would lead to a planned economic system centralizada. 3-three principles: the principle of sovereignty of conumidores (exercised through a particular rating) first profit (produce maximum benefits) principle of scarcity. (no resources, no shortage and we have to split the assets that already exist) economic systems: On market economy means the explicit organization and allocation of production and consumption of goods and services arising primarily from the interplay of supply and demand and a specified share of the state can intervene to ensure the access of goods, impose prices on certain products considered to be necessities, imposing taxes and the economy tributos.En centrally planned production factors are in state hands, which is the only relevant operator. Therefore, the market will lose its raison d’etre as a mechanism of resource allocation. These manipulations are carried out through multi-year economic plans (five-year plans), which specifies in detail the supply, production methods, wages, investments in infraestructuras.A Although there is no strict definition of what a mixed economy either in English [1] or Castilian [2] (definitions vary according to different authors consider that aspect central) there is general agreement that it is an economic system that incorporates elements of more than a single model or a general proposition about economy
Marxism: TheMarxist economics is the school of economic thought based on the works of Karl Marx. Most of the fundamental concepts of this school were developed by Marx in his major work Das Kapital, some of them are labor force, lumpen proletariat, proletariat and bourgeoisie (in the sense of a social class), class struggle, surplus value, historical materialism , exploitation and labor theory of value. The neoclassical school: The neo-classical or neoclassical economics is an economic approach based on marginalist analysis and the balance of supply and demand. Among the modern neoclassical can be distinguished, among others, the new classics (many of whom are supporters of monetarism) and the adherents of the neoclassical synthesis (many of which are well known adherents of neo-Keynesianism.) Keynesian school: The economy Keynes focused on the analysis of the causes and the consequences of changes in aggregate demand and its relationship to the level of employment and income. [1] The final interest Keynes was able to provide national or international institutions able to control the economy in times of recession or crisis. This control is exercised through the state budget spending, a policy which is called fiscal policy. The economic justification for doing so, largely done, the multiplier effect that occurs before an increase in aggregate demand.