An individual nerve cell is a neurone. Bundles of these form nerves that run around your body transmitting information. Bundles of these are called possible a nerve trunk or nerve ganglion.
The five goals are typically divided into the three that are most important for macroeconomics (the macroeconomic goals of full employment, stability and economic growth) and the two that are most important for microeconomics (the microeconomic goals of efficiency and equity).
Agglomeration economies or external economies of scale refer to the benefits from concentrating output and housing in particular areas. If an area specialises in the production of a certain type of good, all firms can benefit from various factors such as: 1  Good supply channels.  Supply of trained workers.