Econ 101: Microeconomics Chapter 2: Scarcity, Choice, and Economic Systems.
In Class Review #1 Economic Principles & Systems
Comparative Advantage: The Basis for Exchange
Key Terms –opportunity cost –production possibilities frontier –cost-benefit analysis –free enterprise economy –standard of living –trade-off Study Guide.
UNIT II Economic Resources (Assignment #1) WARM UP Make a list of 5 things you really want!!! (Assignment #1)
MICROECONOMICS AND MACROECONOMICS
Scarcity, Choice, and Economic Systems