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Unit I: Basic Economic Concepts What is Economics in General? Economics is the study of _________. Economics is the science of scarcity. Scarcity is
Unit I: Basic Economic Concepts What is Economics in General? Economics is the study of _________. Economics is the science of scarcity. Scarcity is
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MEASURING A NATIONS INCOME 0 Micro vs. Macro Microeconomics: The study of how individual households and firms make decisions, interact with one another
MEASURING A NATIONS INCOME 0 Micro vs. Macro Microeconomics: The study of how individual households and firms make decisions, interact with one another
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Characteristics of the Ideal Classroom 1.Fun and Meaningful Activities 2.No Busy Work 3.Manageable Assignments 4.Energy and Enthusiasm 5.Humor 6. Varied
Characteristics of the Ideal Classroom 1.Fun and Meaningful Activities 2.No Busy Work 3.Manageable Assignments 4.Energy and Enthusiasm 5.Humor 6. Varied
215 views
Macroeconomics
Macroeconomics
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Unit I: Basic Economic Concepts What is Economics in General? Economics is the study of _________. Economics is the science of scarcity. Scarcity is
Unit I: Basic Economic Concepts What is Economics in General? Economics is the study of _________. Economics is the science of scarcity. Scarcity is
219 views
WHY STUDY ECONOMICS? JOHN MAYNARD KEYNES ANSWER “the ideas of economists and political philosophers, both when they are right and when they are wrong,
WHY STUDY ECONOMICS? JOHN MAYNARD KEYNES ANSWER “the ideas of economists and political philosophers, both when they are right and when they are wrong,
229 views
Measuring a Nation’s Income Premium PowerPoint Slides by Ron Cronovich © 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated,
Measuring a Nation’s Income Premium PowerPoint Slides by Ron Cronovich © 2012 Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated,
235 views
IS THE ECONOMY GETTING BETTER OR WORSE? BUSINESS CYCLE
IS THE ECONOMY GETTING BETTER OR WORSE? BUSINESS CYCLE
217 views
Economics “Econ, Econ” Econ. Introduction to Economics I WON THE LOTTERY! I’ll give you anything you want other than money. What do you want? Would your
Economics “Econ, Econ” Econ. Introduction to Economics I WON THE LOTTERY! I’ll give you anything you want other than money. What do you want? Would your
218 views
Unit I: Basic Economic Concepts Economics Defined Economics-Social science concerned with the efficient use of limited resources to achieve maximum satisfaction
Unit I: Basic Economic Concepts Economics Defined Economics-Social science concerned with the efficient use of limited resources to achieve maximum satisfaction
215 views
Measuring a Nation’s Income 0. In this Lecture, we look for the answers to these questions: What is Gross Domestic Product (GDP)? How is GDP related to
Measuring a Nation’s Income 0. In this Lecture, we look for the answers to these questions: What is Gross Domestic Product (GDP)? How is GDP related to
218 views
ECONOMICS CRUNCH KIT. BASICS OF ECONOMICS § Human wants are unlimited, but goods are scarce § There are no free lunches; you can never get something truly
ECONOMICS CRUNCH KIT. BASICS OF ECONOMICS § Human wants are unlimited, but goods are scarce § There are no free lunches; you can never get something truly
216 views