Understanding Economic Systems: 6 Steps of Economic Decision Making

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Casey Robertson

BF10: Principals of Business and Finance 6 Steps of Economic Decision Making

UNDERSTANDING
Economic
S y s t e m s
https://flic.kr/p/89ytzh

SixSteps
toEconomic
DecisionMaking
Part2:
https://flic.kr/p/bZwDQU

Define
https://flic.kr/p/8qTmSo
th e Problem
Step#1

Identify
https://flic.kr/p/deKLYm
C h o I c e s
Step#2

Evaluate
https://flic.kr/p/df4vu5
A dva n tag es & D i sa dva n tag es
Step#3

CHOOSING
https://flic.kr/p/83m4HG
O n e O pt i o n
Step#4

ACTING
https://flic.kr/p/oWM763
O n t h at c h o i c e
Step#5

Reviewing
https://https://flic.kr/p/dqS52P
t h at D ec i s i o n
Step#6

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Understanding Economic Systems: 6 Steps of Economic Decision Making

1. UNDERSTANDING Economic S y s t e m s https://flic.kr/p/89ytzh

2. SixSteps toEconomic DecisionMaking Part2: https://flic.kr/p/bZwDQU

3. Define https://flic.kr/p/8qTmSo th e Problem Step#1

4. Identify https://flic.kr/p/deKLYm C h o I c e s Step#2

5. Evaluate https://flic.kr/p/df4vu5 A dva n tag es & D i sa dva n tag es Step#3

6. CHOOSING https://flic.kr/p/83m4HG O n e O pt i o n Step#4

7. ACTING https://flic.kr/p/oWM763 O n t h at c h o i c e Step#5

8. Reviewing https://https://flic.kr/p/dqS52P t h at D ec i s i o n Step#6