Economics is a critical part of our life. Almost
everything we do is in one way or the other connected to it. Whether we go
to work in the morning, buy something to eat for lunch, or simply sit at home
and watch TV in the evening, there is always a multitude of economic principles
at play.
Thus being familiar with the most fundamental of those principles can be
extremely helpful, Not only will it help you to understand what is going on in
the world around but it will also enable you to take well-informed and better decisions
which is vitally important in all part of life.
With this in mind we have created an infographic that illustrates and explains
the 10 most relevant principles of economics you should know. Take a look:
