Economics经济
Economics is the study of how to use limited resources to fulfill the unlimited wants and needs of the people. Economics is also focused on the allocation of resources, consumption, and production of the resources. It can be divided into microeconomic and macroeconomic. For example, there is a book with Rm 8 and a pencil box with Rm7, the individual only has Rm10 and only can buy one item but he chooses to buy a book with Rm8 and the opportunity cost will be the pencil box.
经济学是研究如何利用有限的资源来满足人们无限的需求。经济学还关注资源的分配、消费和资源的生产。它可以分为微观经济和宏观经济。例如，有一本 8 元的书和一个 7 元的铅笔盒，个人只有 10 元，只能购买一件物品，但他选择用 8 元购买一本书，机会成本将是铅笔盒。
Microeconomics微观经济
Microeconomics is one part of economics but it focuses more on the individual behavior and perspective on the economic decision and to study how the factors interact with the individual decision. For example, the individual wants to buy another additional product because of the promotion and lower price.
微观经济学是经济学的一部分，但它更多地关注个人行为和对经济决策的看法，并研究这些因素如何与个人决策相互作用。例如，由于促销和较低的价格，个人想要购买另一种附加产品。
Macroeconomics宏观经济
Macroeconomics is the study of the preference, behavior, and interaction of the international perspective as a whole which was more based on the overall view of the world compared with the microeconomics which was only based on a smaller group of people. For example, the interest rate, and gross domestic product are included in the macroeconomics.
宏观经济学是研究整体国际视角的偏好、行为和相互作用的研究，与仅基于一小部分人的微观经济学相比，它更多地基于世界的整体观点。例如，利率和国内生产总值都包含在宏观经济学中。
Market economy市场经济
The market economy is a type of economic system that gives more freedom to the firm to make economic decisions on resource allocation, production, and so on. For example, the firm in the market economy will have the power to make changes to the price of the goods or products in the market based on the changing in the market.
市场经济是一种经济制度，它赋予企业更多自由，以在资源配置、生产等方面做出经济决策。例如，市场经济中的企业将有权根据市场的变化对市场上商品或产品的价格做出改变。
Command economy.指令经济
A Command economy is a type of economy that has less freedom on making economic decisions because most of the decisions will be planned and made by the government. For example, what to produce, what is the price, what is the quantity to produce the product, and so on will be controlled by the government based on the country's overall perspective.
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