Conceptual Map

Conceptual Map

Introduction

This paper intends to discuss different aspects related to the economic sciences. Relating economic problems to the economic theories is one of the most important aspects of studying economic sciences. Different social relations of the production systems will also be observed within the paper. The purpose of this paper is to make the reader aware about the significance of creating a conceptual map of the various readings and especially the readings of Barneto Maite Carmona and Dr. Jaime E. Arias Benson will be used as the basis of this conceptual mapping. The paper will make the reader aware about the significance of economic sciences and related subject matters.

Discussion

Global capitalism has raised several challenges for the growth of economies. The economic sciences are important for the survival of societies and economies within the long run. The understanding of the establishment of global capitalism and the related dilemmas has been discussed by Dr. Jaime E. Arias Benson. The text also suggests various understanding of contemporary culture and societies and the relevant economic sciences. The global capitalism has created certain challenges for the worldwide economy. However, these dilemmas have been debated all along. Similarly, the text of Barneto Maite Carmona has talked about the development of economic systems (Carmona, n.d.).

Both the texts of Barneto Maite Carmona and Dr. Jaime E. Arias Benson are assumed to be important in relation with the debates related to the issues of economic systems. Where increased globalization have created extended advantages and opportunities for individuals and organizations to exploit; at the same time, global capitalism has been witnessed creating issues for the challenges of economic growth. Moreover, the development of economic systems is also important for the purpose of ensuring the correct selection of tools and elements to further the economic systems efficiently (Benson, ...