Business 101: Economics

Business 101: Economics

For our resource, a huge thanks to McGraw Hill Education’s, Understanding Business 11th Edition. This is our required textbook for our business students at Clark College. Being that this is my office hour, you can follow along with me. This is Business 101: Economics. 

Here are the definitions I covered:

Economics- is the study of how society chooses to employ resources to produce goods and services and distribute them for consumption among various competing groups and individuals. 

Macroeconomics- the part of economics study that looks at the operation of a nation’s economy as a whole. 

Microeconomics- the part of economics study that looks at the behavior of people and organizations in particular markets.

DISCLAIMER: These are my thoughts and views on business, and is not affiliated in any way with Clark College.

I write this because my business is personal because this service is for the advancement of all humanity. My failures and successes are for your gain. No strings attached.

Nathan A. Webster, MBA

I was born, raised and currently residing in Vancouver, WA. Grateful to have an entrepreneurial life that allows me to use my God-given talents to help others pursue their passion. I'm blessed to be educated (MBA-Operations) veteran (US Marine Corps) who enjoys the community with all my family members (blood and adopted).

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