Basic Economic Principles

Economics ,[object Object],[object Object]

Micro vs. Macro Economics ,[object Object],[object Object]

Economic Principles ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Positive vs. Normative Economics ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Economic Fallacies ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Economic Fallacies Continued ,[object Object],[object Object]

Scarcity ,[object Object],[object Object]

Methods of Dealing With Scarcity ,[object Object],[object Object],[object Object],[object Object]

Opportunity Cost ,[object Object],[object Object],[object Object]

Incentives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

The Production Possibilities Curve ,[object Object],[object Object]

Assumptions of the Production Possibilities Curve ,[object Object],[object Object],[object Object]

Production Possibilities Curve

Production Possibilities Curve ,[object Object],[object Object],[object Object],[object Object],[object Object]

The Law of Increasing Relative Cost ,[object Object],[object Object],[object Object],[object Object],[object Object]

The Law of Increasing Returns to Scale ,[object Object],[object Object],[object Object]

Productive Efficiency and Full Employment ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Full Employment Verses Full Production Efficiency ,[object Object],[object Object],[object Object]

Production Outside the PPC ,[object Object],[object Object],[object Object]

Absolute and Comparative Advantage ,[object Object],[object Object]

Example of Absolute Advantage ,[object Object],[object Object]

Trading with Absolute Advantage ,[object Object],[object Object],4/3 A 3/4 B USA 1/5 A 5 B Canada Product B Product A

Trading ,[object Object],[object Object]

Comparative Advantage ,[object Object],[object Object],[object Object]

Comparative Advantage and Opportunity Costs ,[object Object],[object Object],1 A 1 B Jane ½ A 2 B Jack Product B Product A

Comparative Advantage and Trading ,[object Object],[object Object]

Basic Economic Principles

Empfohlen

Empfohlen

Weitere ähnliche Inhalte

Was ist angesagt?

Was ist angesagt? (20)

Andere mochten auch

Andere mochten auch (11)

Ähnlich wie Basic Economic Principles

Ähnlich wie Basic Economic Principles (20)

Mehr von mscuttle

Mehr von mscuttle (20)

Kürzlich hochgeladen

Kürzlich hochgeladen (20)

Basic Economic Principles