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Understanding Economics

From first principles

Tony Yiu
Alpha Beta Blog
Published in
5 min readMar 10

In my last post, I explored the essence of the economics discipline. Today, I’d like to talk about the base factors that drive economics — economics from first principles basically.

I want to start with the basics because that gives us a foundation on which we can build future discussions. Economics and all its peripheral disciplines like investing, business…

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Tony Yiu
Alpha Beta Blog

Data scientist. Founder Alpha Beta Blog. Doing my best to explain the complex in plain English. Support my writing: https://tonester524.medium.com/membership