Economic Growth before the Civil War Walton and Rockoff Ch 7-8.
Chapter 2 ©2010 Worth Publishers Economic Models: Tradeoffs and Trade Slides created by Dr. Amy Scott.
Copyright © 2003 Pearson Education, Inc.Slide 1-1 PPF -- the slope of PPF measures the opportunity cost of M in terms of D Ricardian model -- labor is.
Production Possibilities Scarcity, Opportunity cost, and other concepts in a simple theory of production. Production: The process of using resources (inputs)
Ch. 4: Resources, Comparative Advantage, and Income Distribution
Topics Production Possibilities Frontier & Opportunity Cost
Economic Growth before the Civil War