Scarcity and choice 1st term 2011
McConnell Macro 1
1 st Workshop – ESSP Bioenergy Bioenergy and Earth Sustainability 19-22 July 2008 Piracicaba, Brazil Workshop Outcomes Draft version 1 Prepared by Pep.
Unit 1 ECONOMIC PRINCIPLES. ECONOMICS & SCARCITY Chapter 18 & Chapter 19.1 – Objective 7.01 7.02 7.03– Explain how scarcity forces us to make choices.
Barbulean. Suggestions for the study of economics Read the book before coming to class Recopy lectures and reread the book within several hours.
What Is Economics?
What Is Economics? Chapter 1. Goals & Objectives 1.Fundamental Economic Problem. 2.3 Basic Economic Questions. 3.Relationship among: Value, Utility, Wealth,
What is Economics about?. Famous economics graduates.
Theme 1: Introduction to markets and market failure In this theme, students will consider how markets work, looking at how supply and demand interact to.
Introduction to Economics D.W. Hedrick. Instructional Method Primarily Lecture format with discussion, simulations, and video presentations Constructive.