I Introduction to the Economic Problem（我介绍了经济问题）.pdf

Allocation and Provisioning I Introduction to the Economic Problem Finite resources Society is confronted with a finite set of resources and a given state of and a given technology at any given point in time. As a result, there is a finite technology amount of goods and services that can be produced in that time frame. combined with “unlimited” wants Given human desires and need for food, clothing and shelter, it is not results in scarcity always possible to produce everything that everyone would like to have. The allocative When individuals want more than can be produced, the most obvious question is how to question is: “How can relatively scarce recourses be allocated to satisfy as allocate scarce many unlimited wants as possible?” This question is the basis for orthodox resources to microeconomics. maximize the satisfaction of Provisioning is process that by which individuals in societies provide wants themselves with the means for survival and betterment. From this perspective, many other questions may be addressed. What is the nature of Economics as a wants? What forces shape individual wants? Are these wants consistent study of with community values? What are the alternative social mechanisms that provisioning deals with the nature of individuals may use to allocate resources? To what extent do moral values wants, the social guide the allocative process? What social institutions are necessary for institutions and different allocative mechanisms to function? Which allocative mechanisms technology as well are most appropriate for specific allocation tasks? What forces determine as the allocation problem. what we define as resources or inputs? What is the nature of resources or inputs? What is the nature of te