Slide 1 Slide 2 Unit 1: Foundations of Economics What comes to your mind when you hear the word SCARCE? (video about scarcity) Slide 3 What is Economics? A science that deals…
Slide 1 Basic Economics Dr Ed Wright Slide 2 What is Economics? “A science that deals with the allocation, or use, of scarce resources for the purpose of fulfilling society’s…
Basic Economics Basic Economics Dr Ed Wright What is Economics? âA science that deals with the allocation, or use, of scarce resources for the purpose of fulfilling societyâs…