Concepts 2

1-°Economics/Económia: science that studies resources, wealth creation and the production, distribution and consumption of goods and services, to correspond to nations that human.

2-°Bussines/Negocios: gain or profit earned on a commercial or other activity.

3-°Inflation/Inflación: economic process caused by the impact between production and demand; causes an acceleration in the prices of most products and services, and a loss of value in order to acquire or use them.

4-°Unemployment/Desempleo:The situation of the person who is fit to work but has no job or has lost it.

5-°Science/Ciencia: a person's knowledge goes through the study and application of intelligence.

6-°Governements/Gobiernos: set of people and agencies that lead a political-administrative division (state, autonomy, province, municipality, department, etc.).

7-°Business manager/Gerente de negocios: general manager, who performs internal resource tasks, the company against third parties and goals and objectives.

8-°Deal/Trato: agreement that two or more people arrive on a matter.

9-°Resources/Recursos: a useful, valuable possession or quality of a country, organization, or person, to provide an organization or department with money or equipment.

10.Food/Víveres: provisions or groceries needed for the feeding of a group of people, if they are especially in an emergency or war situation.

11-°Housing/Alojamiento: the word accommodation reflects the action of hosting or hosting, this word is commonly used to refer to the place where individuals stay or spend the night, usually during a trip.

12-°Heating/Calefacción: set of devices that form a system and serve to heat a place, especially a building or a part of it.

13-°Convenience/Conveniencia: something that is convenient, is good, adequate or useful for someone or something.

14-°Compensation/Compensación: it is the return of a pending debt with a person or company, it can be through a monetary payment or the delivery of a financial object or title that has the same credit value.

15-°Effect/Efecto: what results from something else is what happens as a result of a cause.

16-°Society/Sociedad: any grouping or group of living beings that live in community, both among humans and among some animals.

17-°Microeconomics/Microeconomia: an economic approach that only contemplates the actions of economic agents, such as consumers, companies, workers and investors, or the specific markets of one or another product. In other words, it is an approach at the individual levels, not as a whole.

18-°Macroeconomics/Macroeconomia: an approach to economic theory that studies the global indicators of the economic process, emphasizing global variables

19-°Private businesses/Empresa privada: closed corporation or private corporation; mercantile society that is owned by a small number of individuals.

20-°Manage/Gestionar: It is to implement what was planned during the administration. You can manage an innovation and development process, an operational marketing plan, a standardized system for uploading files to the cloud for all departments of your company.

21-°Budgets/Presupuesto: it is a document that provides for the cats and profits of a specific agency, company or entity, whether private or state, within a certain period of time.

22-° Run/Correr: is a concept that states that, within a certain period in the future, at least one input is fixed while others are variable. In economics, it expresses the idea that an economy behaves differently depending on the length of time it has to react to certain stimuli. The short run does not refer to a specific duration of time but rather is unique to the firm, industry or economic variable being studied.


23-° Agree/ Deacuerdo: to say that you will do, accept, or allow something that is suggested or requested by another person.

24-° Behaviour/Comportamiento Behavioral Economics is the study of psychology as it relates to the economic decision-making processes of individuals and institutions. 


25-° Happen/Ocurrir: to be done to or be the fate of; befall.

26-° Collect/ Recoger: Accumulate over a period of time. Bring or gather together (a number of things).

27-° Data/Datos: It is a statistical indicator on the economy that allows the analysis of the situation and past and present economic performance as well as making changes for the future.

28-°Economic Model/Modelo Economico: An economic model is a simplified representation of the relationship between different variables that explain how the economy operates or a particular phenomenon of it. For example the variation of the price of a product in a specific market.

29-° Facts/ Hechos: An Economic Fact is any event whose origin or consequence is a variation with economic impact or impact.

30-°Figures/Figuras: It may be something that is considered as a reference and worthy of imitation; a theoretical scheme or outline; or a process that seeks to organize economic activity, among other meanings.

31-°Rates/ Tarifas: A rate is the amount of money a consumer pays for the use of a service.

32-° Relationships/ Relaciones: Are those objective relationships between human beings that have to do with the production, appropriation, exchange and consumption of goods, in particular the product of labor.

33-° Earn/Ganancia: It is an economic benefit to the utility that the actor obtains from an economic, commercial or productive process.

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