Standard SSEF1 a. Define scarcity as a basic condition. d. Define opportunity cost as the next best alternative.
AP Economics “Econ, Econ” Econ. Terms to know: Scarcity Economics Microeconomics vs. Macroeconomics Trade-off Marginal Costs Marginal Benefits Positive.
Unit I: Basic Economic Concepts
Economics “Econ, Econ” Econ. Unit 1: Basic Economic Concepts.
Unit I: Basic Economic Concepts. 3 FACTS! 1.Econ is a skills based course. Learning methodology resembles algebra more than history. 2.You MUST complete.
Building Effective Partnerships 2015. Our Work For Today : *Partnerships will work for all content areas and grade levels. ●The “Why” of partnerships.
Problem Solving/ Team Building Methodology No. M10 August, 2000.
3 FACTS! 1.Econ is a skills based course. Learning methodology resembles algebra more than history. 2.You MUST complete assignments BEFORE class Class.
AP Economics “Econ, Econ” Econ. Unit 1: Basic Economic Concepts Length: 4 Weeks Chapters: 1, 2, and 3 Assignment: Problem Set #1 I WON THE LOTTERY! I’ll.
3 FACTS!
AP Economics