Martínez Principles of Economics

Martínez Principles of Economics are fundamental ideas that explain how individuals and markets make decisions and allocate resources. They emphasize that people respond to incentives, prioritize options based on costs and benefits, and that markets tend to allocate resources efficiently when conditions are right. The principles highlight the importance of trade-offs, the role of prices in coordinating economic activity, and the impact of government policies. Overall, these principles provide a foundation for understanding economic behavior and how supply and demand influence the economy.