Ends. Means. Consequences. Goals

Economics is human action (Praxeology)

Means – methods for attempting to achieve ends.

Ends – 2 categories
1. Goal – what you want to happen
2. Consequences – what actually happens because of means.
2 more sub categories
A. Intended – goal was reached
B. Unintended – other non goal things happened.
2 more sub sub categories
a. good unintended consequences
b. bad unintended consequences