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This book is intended for a two-semester course in Economics taught out of the social sciences or business school. Principles of Economics aims to teach considerable range and depth of Economic concepts through an approachable style and methodology.
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Principles of Economics aims to teach considerable range and...
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- 1.1 Defining Economics
1.1 Defining Economics – Principles of Economics. Learning...
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The third edition takes a balanced approach to the theory...
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Economics is not primarily a collection of facts to memorize, although there are plenty of important concepts to learn. Instead, think of economics as a collection of questions to answer or puzzles to work. Most importantly, economics provides the tools to solve those puzzles.
In this online course, Professor John Taylor will introduce the fundamental concepts of economics, the study of how people manage resources and react to scarcity. By studying both microeconomics (the behavior of consumers and companies) and macroeconomics (large-scale economic factors, such as national production, employment, inflation and ...
Introduction; 1.1 What Is Economics, and Why Is It Important?; 1.2 Microeconomics and Macroeconomics; 1.3 How Economists Use Theories and Models to Understand Economic Issues; 1.4 How To Organize Economies: An Overview of Economic Systems
Economics. Microeconomics. Unit 1: Basic economic concepts. About this unit. Learn how different types of economies make decisions about what to produce and how to distribute resources. We'll introduce key concepts like opportunity costs, trade-offs, and production possibilities.
