Economis, & History Of Bogota!

Is the social science that studies the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek hence "rules of the house (hold)". Current economic models developed out of the broader field of political economy in the late 19th century, owing to a desire to use an empirical approach more akin to the physical sciences. A definition that captures much of modern economics is that of Lionel Robbins in a 1932 essay: "the science which studies human behavior as a relationship between ends and scarce means which have alternative uses." Scarcity means that available resources are insufficient to satisfy all wants and needs. Absent scarcity and alternative uses of available resources, there is no economic problem. The subject thus defined involves the study of choices as they are affected by incentives and resources.
Economics aims to explain how economies work and how economic agents interact. Economic analysis is applied throughout society, in business, finance and government, but also in crime, education, the family, health, law, politics, and religion. Social institutions, war, and science. The expanding domain of economics in the social sciences has been described as economic imperialism. Common distinctions are drawn between various dimensions of economics: between positive economics (describing "what is") and normative economics (advocating "what ought to be") or between economic theory and applied economics or between mainstream economics (more "orthodox" dealing with the "rationality-individualism-equilibrium nexus") and heterodox economics (more "radical" dealing with the "institutions-history-social structure nexus"




HISTORY;
The history of Bogotá is referred to the capital city of Colombia. The place that is now days Bogotá was the first place populated by groups of indigenous people that were migrates from the Mesoamerican cultures. Many cultures had been passed from one place to Bogotá and many ages also like the pre Colombian culture, the Middle Ages, the Boyacá war. Etc.… There are many different believes and costumes in Bogotá but there is only one language that describes a little bit Bogota- Colombia it is the Spanish a very complicated language that is very complete. Bogotá was funded although no document recording city foundation has been found, august 6th of 1538.