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Economics for Android

By Softecks Free

Developer's Description

Economics can actually be defined a few different ways: its the study of scarcity, the study of how people use resources, or the study of decision-making. Economics often involves topics like wealth, finance, recessions, and banking, leading to the misconception that economics is all about money and the stock market. Actually, its a much broader discipline that helps us understand historical trends, interpret todays headlines, and make predictions for coming decades.

One of the central tenets of economics is that people want certain things and will change their behavior to get those things in other words, people will respond to incentives.

Economic study ranges from the very small to the very large. The study of choices by individuals (like how someone decides to budget their paycheck each month) is called microeconomics.

The study of governments, industries, central banking, and the boom and bust of the business cycle is called macroeconomics.

Much of economics involves using data gathered by governments, businesses, or in the laboratory to test hypotheses about whether a certain program, event, or incentive will have the expected effect. Another branch of economics focuses on using economic theory to make predictions about how people and markets will behave.

This App of Economics gives detailed information on Economic Development. This app contains all the basic to advanced concepts on Economics.

Few Topics covered in this App are Listed Below

What is Economics?

The nature of economics

The study of economics

The methods used by economists

Economic exchange

Factors of production

Types of production

The role of money in exchange

The economic problem

Choice and opportunity cost

Samuelson's three questions

Production possibility frontiers

Interpreting PPFs

Pareto efficiency

Increasing opportunity cost

Marginal analysis

Index numbers

Missing markets

Pure public goods

Incomplete markets

Quasi public goods


Merit goods

The supply of merit goods

Merit goods and positive consumption externalities

Education as a merit good

Property rights

Economic exchange



Economic Systems

Cost-Benefit Analysis

Property Rights

Wellbeing and Welfare




Economic Growth

Exchange and Trade



Aggregate Supply

Aggregate Demand

Business Cycles

Employment and Unemployment


Barriers to Trade

Balance of Trade and Balance of Payments


Foreign Currency Markets and Exchange Rates

Financial Markets

Saving and Investing

Human Capital

Globalization, Interdependence, and Local Trade

Productive Resources



Economic Development

Income Distribution


Income Inequality

Fiscal Policy

Roles of Government


Market Failures, Public Goods, and Externalities

Government Failures, Rent Seeking, and Public Choice

Government Budget Deficits and Government Debt

Compound Interest





Full Specifications

What's new in version 3.9


Release October 6, 2019
Date Added October 6, 2019
Version 3.9

Operating Systems

Operating Systems Android
Additional Requirements Requires Android 4.4 and up


Total Downloads 1
Downloads Last Week 0
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