'Production possibilities frontiers' presentation slideshows

Economic Models: Production Possibilities Frontier

426 views • 24 slides

Interdependence and the Gains from Trade

Interdependence and the Gains from Trade. Chapter 3. Interdependence and Trade. Remember, economics is the study of how societies produce and distribute goods in an attempt to satisfy the wants and needs of its members. How do we satisfy our wants and needs in a global economy?.

329 views • 19 slides

Interdependence and the Gains from Trade

Interdependence and the Gains from Trade. Chapter 3. Interdependence and Trade. Remember, economics is the study of how societies produce and distribute goods in an attempt to satisfy the wants and needs of its members. How do we satisfy our wants and needs in a global economy?.

210 views • 19 slides

Lecture 2: Scarcity and Choices

Lecture 2: Scarcity and Choices. Opportunity Cost Production Possibility Frontier (PPF) Sources of the Gains from Specialization Comparative Advantage and Absolute Advantage Three Problems of Resource Allocation. The Concept of Opportunity Cost. Opportunity cost of any choice

323 views • 17 slides

Economics Production Possibilities Curves (PPC) Also known as Production Possibilities Frontiers.

Economics Production Possibilities Curves (PPC) Also known as Production Possibilities Frontiers. Main Aim: Students will fully understand how to analyse and draw production Possibilities curves. Please follow my store for the latest products & freebies. Grades in Economics & Another Subject.

134 views • 13 slides

Production Possibilities Frontiers

Production Possibilities Frontiers. Pull out a blank sheet of paper and put your notes and book away Answer the following questions; Describe opportunity cost in your own words

168 views • 6 slides