between Economics, Scarcity,and Goods inthe frame of Economic Organization

Economics is the study of how societies use scarce resources to produce valuable commodities and ditribute the people to another people. Two key ideas in economics,they are the goods and society. The important ones that economics are Explores the behavior of the financial market including interest rates and stock prices,the reason why the some people countries have high incomes while the poor can be raised without harming the economy and studies international trade and finance and the impacts of globaliztion.[1] This characterization reflects an extension of the scope of economics from its initial emphasis upon the collection and disbursement of goverment revenues to its present concert with all aspect of goverment economic intervention. Economics has a long history as a discipline within economics and many eminent economists.[2]
            The Economics is competitive in which there are available and consumption goods and a single form labour. Economics follows naturally from the observation that unregulated economic activity does not lead to a socially optimal outcome.[3] In economics we say that an economy is producing efficiently when it cannot make anyone economilly better of without making someone else worse off. The economics is the reality of scarcity and then figure out how to organize society in a way which produces the most efficient use of resources. That is where economics makes its unique contribution. Economics life is an enormously complicated have of activity, with people buying, selling, bargaining in vesting, and persuading.[4]
            Scarcity also called paucity is the fundamental economic problem of having seemingly unlimited resources. It states that society has insufficient productive resources to fulfill all human wants and needs.[5] A situation of scarcity is one in which goods are limited relative to desires. The condition of scarcity in the real world necessitates competition for scarce resources,and competition. The price system or market prices are one way to allocate scarce resources.if other criteria are used,we would expect to see competition in terms of those other criteria.[6]
            Goods are the term good does not include item bought for personal use, item  bought at an auction or foreclouse sale,aircraft or oceangoing vessels. Goods that are scarce(are in limited supply in relation to demand) are called economic goods, where as those whose supply is unlimited  and that require neither payment not effort to acquire,( such as air) are called free goods. The goods are ordinary good, normal good, superrior good and necessary good. The fungitional of goods is we should be sure  that we choose a reliable company to handle the job with damages.[7]
            Economics is an important subject because economics can the anticipation from scarcity and can satisfied the desire for efficiency to all the people. If a world without scarcity and infinite quantities of every good could be produced or if human desires were fully statisfied and business not be fret about the cost of labor or health, so that the goverment not need to struggle over taxes or spending because nobody would care and no one distribution to another people. After that all goods would be free, the people statisfied with all goods. All prices would be zero and the market can’t usefull again. The result about it economics would no longer be a useful subject. Including about that, in Economics we say that an economy is producing efficiently when it cannot make anyone ecoonomically better off without making someone else worse off, so the economics can be contribution to another people. We must know the economics is to acknowledge the reality of scarcity and the program how to organize society in a way which produces the most efficient use the resources.[8]




[1] Paul A. Samuel, Economics eighteen edition,( United States of America : Mc-Graw Hill, 2005), p.4
[2] Gareth D. Meyles, Public Economics, ( America : Edition 2001), p.3
[3] Ibid, p. 5
[4] Paul A. Samuel, Economics eighteen edition,( United States of America : Mc-Graw Hill, 2005), p.5

[5] http://www.Scarcity, High School Economics Topics _ Library of Economics and Liberty.htm
[6] Paul A. Samuel, Economics eighteen edition,( United States of America : Mc-Graw Hill, 2005), p.4

[7] http://www.Goods, High School Economics Topics _ Library of Economics and Liberty.htm
[8] Paul A. Samuel, Economics eighteen edition,( United States of America : Mc-Graw Hill, 2005), p. 5


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