Economic retard here. Can someone please give me a basic run-through

https://en.wikipedia.org/wiki/Economics#Definitions

Start here and read for a few weeks

>>1373693
CONSUMER: I NEED PRODUCT

JEWISH OVERLORDS: I NEED $$$

CONSUMER: HOW DO I MAKE $$$ FAST?

JEWISH OVERLORDS: INVEST IN KNPD.

CONSUMER: WHAT.

Stock market is basically super computers trading against each other with algos.

>>1373871
What?

>>1373693

There are limited resources (time/space/energy/affection/whatever) and there is competition for them. Supply and demand.

Economics tries to describe the process.

What helps me visualize this is thinking of it in terms of biology.
Why do some species survive and thrive and others die off?
Why are they evolving at all, why are there different species?

It's about competition which leads to efficiency and diversity.

>>1373693
http://lmgtfy.com/?q=how+economics+work

Is there a /biz/ approved reading list anywhere? I want to learn economics more.

>>1373693
People trade goods and services with each other in order to meet their needs and wants. If people have especially good services and goods to trade then others will offer them money to help them do it better,in return for a cut of the profits.

Everything else snowballs from there