Slide 11-1 © The McGraw-Hill Companies, Inc., 2009 McGraw-Hill/Irwin LO 1 - All Chapter 1: Thinking Like an Economist 1.The Scarcity Principle: having more of any good thing…
1 Thinking Like an Economist Chapter 1 Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin 1-2 Learning Objectives 1. Explain and apply…
HE9091 Principles of Economics Lecture 1 Introduction Tan Khay Boon Email: [email protected] Office: HSS-04-25 mailto:[email protected] Topics • Scarcity and Cost-Benefit…