Scarcity, opportunity cost, comparative advantage, and the circular flow. Behaviors of individual consumers and firms.
: Uses extensive case studies and sequential graphs to foster critical thinking. Economics: A Contemporary Introduction, 7th Edi...
Fiscal and monetary policy, international trade, and global finance. Economics: A Contemporary Introduction, 7th Edi...
: Explains how individuals make choices based on marginal costs and marginal benefits. Economics: A Contemporary Introduction, 7th Edi...