Action Economics
Economic action is any human endeavor which is based on the best options and most profitable. for example: My mother cooked with firewood because the price of kerosene is very expensive. Economic action consists of two aspects, namely:
* Rational economic action, every human endeavor that is based on selection of the most profitable and in fact the case.
* Irrational economic action, every human endeavor that is based on the most profitable option but they are not.
Economic Motives
The economic motive is the reason or purpose of someone so that someone's conduct of economic action. Economic motives are divided into two aspects:
* Intrinsic Motive, referred to as a desire to perform an act on their own economies.
* Extrinsic motives, called as a desire to perform an act of an economy at the instigation of others.
In practice there are several kinds of economic motives:
* Motive meet the needs of
* Motive gain
* Motive awarded
* Motive gain power
* Motive social / helping others
Economic Principles
Economic principle is a guideline for economic action principles contained therein with certain sacrifices obtained maximum results.
