1. The Scope and Method of Economics “ Economic is the science of the administration of scarce resources in human society.” 2. Readings Lange, Oliver.(1945). The Method…

1. The Nature and Method of Economics 1 C H A P T E R 2. The Economics Perspective Consider... MARGINAL ANALYSIS Marginal Benefits &Marginal Costs SCARCITY & CHOICE…

1.  2. Chapter Outline 1 The Scope and Method of Economics Why Study Economics? To Learn a Way of Thinking To Understand Society To Understand Global Affairs To Be an Informed…

1.The Scope and Method of Economics Appendix:How to Read and Understand Graphs Prepared by:Fernando Quijanoand Yvonn Quijano2. The Study of Economics Economicsis the study…

1.1 Copyright©2010 Companyname Free template by INVESTINTECH What is ECONOMICS 2. Copyright©2010 Companyname Free template by Investintech PDF Solutions Economics is…..…

1 Principles of Macroeconomics, 11e - TB1 (Case/Fair/Oster) Chapter 1 The Scope and Method of Economics 1.1 Why Study Economics? 1) Which of the following is NOT listed in…

FOUR YEAR UNDERGRADUATE PROGRAMME IN ECONOMICS    UNIVERSITY OF DELHI DEPARTMENT OF ECONOMICS FOUR YEAR UNDERGRADUATE PROGRAMME (Courses effective from Academic Year 2013‐14) …

Slide 1 Slide 2 2 of 36 © 2014 Pearson Education, Inc. Slide 3 3 of 36 © 2014 Pearson Education, Inc. 1 PART I INTRODUCTION TO ECONOMICS The Scope and Method of Economics…

Slide 1 Why Study Economics? To Learn a Way of Thinking To Understand Society To Understand Global Affairs To Be an Informed Voter The Scope of Economics Microeconomics and…

Slide 1 Slide 2 1 - 1 Copyright McGraw-Hill/Irwin, 2005 The Economics Perspective Why Study Economics Economic Methodology Macroeconomics and Microeconomics Pitfalls to Sound…