THE MEANING AND SCOPE OF ECONOMICS (i) What is Economics? The modern word "Economics" has its origin in the Greek word "Oikonomos" meaning a steward.…

Slide 1How Scarcity Can Force You To Make Choices Scarcity and Choice: Making A Decision When There Isn’t Much Slide 2 UEQ and LEQ UEQ: What is an economy? How do wants,…

ECONOMICS AS AN ACADEMIC DISCIPLINE Economics is as old as the human race: it is probably the first art which man acquired. When some cavemen went out to hunt and others…

IGCSE Business Studies What is a business? Learning Outcomes Understand the purpose of business activity Understand the concepts of needs, wants, scarcity and opportunity…

By: Nicole Salem, Esteban Missura, Carlos Serrano, Micaela Espinel Water is a global issue that is affecting our community and all the people around the world. Water scarcity…

How Scarcity Can Force You To Make Choices Scarcity and Choice: Making A Decision When There Isnât Much UEQ and LEQ UEQ: What is an economy? How do wants, needs, scarcity,…