What is the economic benefit?

economy is impossible without the knowledge of studying certain categorical apparatus.One of the fundamental categories of this science is the economic benefit.In this article we give a definition of this term, as well as tell you about the different types of benefits.

We live in a world of needs, and these needs are endless - as soon as the person meets one immediately have other, higher level.In the broadest sense, the benefit - is something that can satisfy human needs of every kind: the physiological, moral, mental, and so on.As the economy explores the exchange of, the economic good - it is good that can be exchanged for other goods on mutually beneficial conditions for contractors.If there is the possibility of exchange, there are certain price set under the influence of supply and demand.Based on the foregoing, it can be defined as economic benefits - are any objects, processes and phenomena that can satisfy a particular need of the person, free or partially exchanged for the market.An important characteristic is the limited amount of goods in comparison with human needs.

I'm sure many readers are now ask the question: What is the economic benefit differs from the usual?The answer: It's all in the possibility of sharing the good for other goods.Thus, a person can not receive the gift of an economic good - be sure to give him something in return.Note that in addition to economic, there are also good and gifts, such as sunlight, satisfying the need for light and heat, or air, giving a chance to breathe.By definition, the supply of these goods is so high that the equilibrium price becomes zero.For example, an interesting situation occurs with water: as the nature of gratuitous good (to drink from the river, do not pay anything), it is after treatment, chlorination, filtration and delivery of water supply becomes an economic boon.Note also that not everything that comes for free is gratuitous: for example, a film that is loaded by the user through a torrent tracker, to get him free, but formally it is an object of exclusive copyright of the creator, and officially can be distributed only for the money.

Since the concept of "economic benefit" includes a virtually unlimited list of all kinds of goods, services and intellectual property products, decided to classify them in some way.Classification by the identification value refers to the separation of economic benefits to the benefits of explicit values ​​(that is visible before purchase), the good hidden value (which can be determined only by purchasing goods), and good confidence, the value of which is shown only after a certain time after purchase and use.Thus, the apparent good values ​​can be any vegetable or fruit - in his appearance can determine its quality prior to purchase.An example of good with a hidden value may serve as a box of chocolates - before we paid the price, and it opened, we can not determine the quality and value of its contents.A typical benefit of the trust - a drug whose action is manifested only after treatment.Also, the economic benefits are classified to participate in the consumer basket, as well as their consumption depending on the level of prices and incomes of the buyer.According to this classification distinguish good essentials, conventional and status benefits.

As you can see, an economic good is an object of the economic science.Thus, the classical formulation "..proizvodstva, exchange and consumption of goods, services and ideas" can be replaced by "... the production, exchange and consumption of economic benefits."