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Assignment

Notes Ch. 1

Chapter 1 notes What is Economics?  Social Science that examines how personal and societal institutions make choices under conditions of scarcity.

Economic perspective.  What is it???  Made up of three parts – scarcity, choice, and personal behavior.  How do we

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Assignment

Great first day!!!

I’m so excited to start the year off with such a great day.  Please bring all materials for class tomorrow and be ready to dive in!

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Assignment

Key terms and concepts for Chapter 1

Key terms for Chapter one  (Please do not merely define terms.  Our goal is to understand and apply topics and key terms.  For example, instead of asking “What is opportunity cost?”  I might ask “How does opportunity cost affect our decision

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