Economics can generally be broken down into: macroeconomics, which concentrates on the behavior of the aggregate economy; and microeconomics, which focuses on individual consumers. Economics is often referred to as the dismal science .. Next Up.
Bitmap (CompuServe) GIF, or Graphic Interchange Format, is a file extension for an often animated raster graphics file and is the second most common image format used on the World Wide Web after JPEG. GIF uses the LZW compression algorithm and is owned by Unisys.
The pronunciation of GIF is specified in the GIF specification to be jif, as in jiffy, rather then gif, which most people seem to prefer. This does seem strange because the G is from the word Graphics and not Jraphics. That last statement doesn't mean anything. It's an acronym.