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The Significance of Economic Resource Deficit. Journey to Praxeology

Author

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  • Doina IACOB

    (Dunarea de Jos University of Galati, Romania)

Abstract

Each type of institutionally-functional entity involves the use of resources to perform these functions whatever they are.Each family,each territorial unit,each national community-state and, more recently, each mission of nation-states need special resources,formed and sized in different ways, on which they spend some purposes.In other words,all these entities have income and expenses,better said,they are required to make a number of expenses that support the incomes obtained.The unit of income and expenses budgets shall be made in different types:family budgets,budgets of administrative territorial units,public budgets,state budgets,the European Union budget, etc.

Suggested Citation

  • Doina IACOB, 2017. "The Significance of Economic Resource Deficit. Journey to Praxeology," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 3, pages 219-225.
  • Handle: RePEc:ddj:fseeai:y:2017:i:3:p:
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