1. 3 questions and TradeoffsCircular Flow Model, Production Possibility Frontiers 2. The 3 questionsPeople seek to answer 3 questions…

C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you will be able to Use the production possibilities frontier to illustrate the economic…

C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you will be able to Use the production possibilities frontier to illustrate the economic…

The Economic Problem CHAPTER 3 C H A P T E R C H E C K L I S T When you have completed your study of this chapter, you will be able to Use the production possibilities frontier…

Slide 1 The Economist as Scientist Economists play two roles: Scientists: try to explain the world Policy advisors: try to improve it In the first role, economists employ…

Chapter 4 THIS IS With Host... Your 100 100 100 100 100 100 200 200 200 200 200 200 300 300 300 300 300 300 400 400 400 400 400 400 500 500 500 500 500 500 Percents Probability…