Basis of Economics

The book is profiled as an introduction to microeconomics and macroeconomics. Within the fundamentals of microeconomics, the behavior of the consumer is studied in conditions of real-life existence with a budget constraint. The target function - maximization of usefulness, as well as the behavior of the enterprise in different market structures and their target function - maximize the profit, is the secondary field of study. This book of basic economics also studies the factors of production and their prices, as well as the role of the state in regulating businesses and domains of market failure. The basis studies the functioning of the economy as a whole. In this context, attention is focused on the most significant economic sizes: gross domestic product (GDP), inflation, unemployment, savings, investments, exchange rates etc...