Economics of Software Development
Herding Cats
JANUARY 7, 2017
Making decisions in the presence of uncertainty with limited resources is the domain of Macro and Micro Economics. Making decisions in resource-limited situations at the national or global scale is macroeconomics. Macroeconomics is the study of how people make decisions influenced by tax rates, interest rates foreign policy, and trade policy. Microeconomics is the study of how people make decisions on a personal scale and treats decisions that individual and organizations make.
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