Chapter 1:  Introduction costs

1.1:  Introduction: economics

 1.2:  Farmers Boris and Alexander have a problem!

 
Quiz to the chapter 1.2

 1.3:  Why Economics?  Why do we need the discipline of "economics"?

 
Quiz to the chapter 1.3

The subject area of economics deals with the question as to how the numerous existing needs of people (for goods and services) can be satisfied in the best possible way, with an optimal use of limited resources.

Economics is thus a science in which people and their needs are in the focus. Therefore, it is also one of the social sciences. In this course, we would like to address the economics of agricultural enterprises and business management questions like: How can existing and available resources be utilized, so the people who own the business can satisfy as many of their needs as possible?