Documents Unit 1:“What is Economics” and Economic Systems Mr. Bammel.

Slide 1 Unit 1:“What is Economics” and Economic Systems Mr. Bammel Slide 2 Economics is Dumb!! What’s the Point? Why is it important to take this course and at least…

Documents Prices and Equilibrium Mr. Bammel. Prices The monetary value of a product as established by supply.....

Slide 1 Prices and Equilibrium Mr. Bammel Slide 2 Prices The monetary value of a product as established by supply and demand. Turn to a partner in the room and have a discussion.…

Documents Supply Mr. Bammel. What is Supply? The amount of a product that would be offered for sale at all...

Slide 1 Supply Mr. Bammel Slide 2 What is Supply?  The amount of a product that would be offered for sale at all possible prices that could prevail in the market; …