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Slide 11 A set of principles for understanding how individuals make choices A set of principles for understanding how individual choices interact A set of principles for…

Slide 1Zoolinomics The Economics of Zoo Keeping Slide 2 Discussion Question: Did every animal make it into your zoo? Why or why not? Scarcity necessitates choices Because…

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Slide 1 chapter: 1 >> Krugman/Wells Economics ©2009  Worth Publishers First Principles Slide 2 WHAT YOU WILL LEARN IN THIS CHAPTER  A set of principles for understanding…

Slide 1 THE EMERGENCE OF NEOCLASSICAL ECONOMICS ECON 434 | Spring 2011 Slide 2 Alternatives to capitalism Finishing up from last time Slide 3 Alternatives to capitalism …

Ch 1 Insert B Chapter 01 - Limits, Alternatives, Choices Chapter 01 - Limits, Alternatives, and Choices McConnell Brue Flynn 20e DISCUSSION QUESTIONS 1. What is an opportunity…

The emergence of neoclassical economics The emergence of neoclassical economics ECON 434 | Spring 2011 Alternatives to capitalism Finishing up from last time Alternatives…

Scarcity, Opportunity Costs, and the Production Possibilities Curve Scarcity, Opportunity Costs, and the Production Possibilities Curve 1   1 Scarcity 2   Scarcity…