logging in or signing up Principles of economics amir3aa Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 576 Category: Education License: Some Rights Reserved Like it (0) Dislike it (0) Added: February 03, 2010 This Presentation is Public Favorites: 1 Presentation Description principles of economics Comments Posting comment... Premium member Presentation Transcript Ten Principles of EconomicsBy. Amir Alagb A.Gadir : Ten Principles of EconomicsBy. Amir Alagb A.Gadir Chapter 1 Economy. . . : Economy. . . . . . The word economy comes from a Greek word for “one who manages a household.” By. Amir Alagab A.gadir Society and Scarce Resources: : Society and Scarce Resources: The management of society’s resources is important because resources are scarce. Scarcity implies choice and choice implies cost. Scarcity . . . : Scarcity . . . . . . means that society has limited resources and therefore cannot produce all the goods and services people wish to have. By. Amir Alagab A.gadir Economics : Economics Economics is the study of how society manages its scarce resources. By. Amir Alagab A.gadir Economists study. . . : Economists study. . . How people make decisions. How people interact with each other. The forces and trends that affect the economy as a whole. By. Amir Alagab A.gadir Ten Principles of Economics : Ten Principles of Economics 1. People face tradeoffs. 2. The cost of something is what you give up to get it. 3. Rational people think at the margin. 4. People respond to incentives. How People Make Decisions By. Amir Alagab A.gadir Ten Principles of Economics : Ten Principles of Economics 5. Trade can make everyone better off. 6. Markets are usually a good way to organize economic activity. 7. Governments can sometimes improve economic outcomes. How People Interact By. Amir Alagab A.gadir Ten Principles of Economics : Ten Principles of Economics 8. The standard of living depends on a country’s production. 9. Prices rise when the government prints too much money. 10. Society faces a short-run tradeoff between inflation and unemployment. How the Economy as a Whole Works By. Amir Alagab A.gadir You do not have the permission to view this presentation. In order to view it, please contact the author of the presentation.
Principles of economics amir3aa Download Post to : URL : Related Presentations : Share Add to Flag Embed Email Send to Blogs and Networks Add to Channel Uploaded from authorPOINT lite Insert YouTube videos in PowerPont slides with aS Desktop Copy embed code: (To copy code, click on the text box) Embed: URL: Thumbnail: WordPress Embed Customize Embed The presentation is successfully added In Your Favorites. Views: 576 Category: Education License: Some Rights Reserved Like it (0) Dislike it (0) Added: February 03, 2010 This Presentation is Public Favorites: 1 Presentation Description principles of economics Comments Posting comment... Premium member Presentation Transcript Ten Principles of EconomicsBy. Amir Alagb A.Gadir : Ten Principles of EconomicsBy. Amir Alagb A.Gadir Chapter 1 Economy. . . : Economy. . . . . . The word economy comes from a Greek word for “one who manages a household.” By. Amir Alagab A.gadir Society and Scarce Resources: : Society and Scarce Resources: The management of society’s resources is important because resources are scarce. Scarcity implies choice and choice implies cost. Scarcity . . . : Scarcity . . . . . . means that society has limited resources and therefore cannot produce all the goods and services people wish to have. By. Amir Alagab A.gadir Economics : Economics Economics is the study of how society manages its scarce resources. By. Amir Alagab A.gadir Economists study. . . : Economists study. . . How people make decisions. How people interact with each other. The forces and trends that affect the economy as a whole. By. Amir Alagab A.gadir Ten Principles of Economics : Ten Principles of Economics 1. People face tradeoffs. 2. The cost of something is what you give up to get it. 3. Rational people think at the margin. 4. People respond to incentives. How People Make Decisions By. Amir Alagab A.gadir Ten Principles of Economics : Ten Principles of Economics 5. Trade can make everyone better off. 6. Markets are usually a good way to organize economic activity. 7. Governments can sometimes improve economic outcomes. How People Interact By. Amir Alagab A.gadir Ten Principles of Economics : Ten Principles of Economics 8. The standard of living depends on a country’s production. 9. Prices rise when the government prints too much money. 10. Society faces a short-run tradeoff between inflation and unemployment. How the Economy as a Whole Works By. Amir Alagab A.gadir