Go to the website for The Economist magazine. This is at: www.economist.com. Now go to the section titled ‘Finance and Economics’. Select the section within this called Economics A–Z. Find the...

This is at: www.economist.com.

Now go to the section titled ‘Finance and Economics’.

Select the section within this called Economics A–Z.

Find the definitions here for the following key economic concepts:

1. Positive economics

2. Command economy

3. Mixed economy

4. Demand

5. Supply

6. Consumption.

You are required to read this and now make sure you understand them by putting them in your own words.