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Economics Unit 1

Economics Unit 1. Why do you need to study economics?. Economic Reasoning Principle #1 People choose, and individual choices are the source of social outcomes. Scarcity necessitates choices: not all of our desires can be satisfied. [Factors of Production]

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Introduction to Macroeconomics

Introduction to Macroeconomics. Chapter 1. An Overview of Macroeconomics. An Overview of Macroeconomics. 1. What is Macroeconomics 2. Macroeconomic Goals 3. Key Principles of Economics 4. Economic Theory in Practice. 1. What Is Macroeconomics?.

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863 views • 18 slides

Economics: The Study of Choice

Economics: The Study of Choice. 5 Economic Reasoning Propositions form the foundation for learning the economic way of thinking. Foundation for Teaching Economics Fte.org. 1. People choose, and individual choices are the source of social outcomes.

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241 views • 7 slides

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Alternative foregone - PowerPoint PPT Presentation

Economics Unit 1

Introduction to Macroeconomics

Economics: The Study of Choice