Tuesday, September 16, 2014

Ch. 1 Review

25 MC questions/30 minutes
All ch. 1 material and class notes
simple review sheet below
extra help in the AM if desired

Definition and purpose of economics
Scarcity
needs/wants
marginalism
all other things equal assumption
mico/macro
positive/normative economics
macroeconomic goals
fallacies and logical problems in economics
comparative economic systems
Twitter news stories

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