Fall 2012 2 3 CONTENTS 1 Introduction to Economics The Fundamentals of Economics . . . . . . . . . . . Microeconomics, Macroeconomics and Econometrics Inputs and Outputs . . . . . . . . . . . . . . . . . . Opportunity Costs . . . . . . . . . . . . . . . . . . Positive Economics versus Normative Economics . . The three Problems of Economics Organization . . The ten Principles in Economics . . . . . . . . . . . Economics as a Science . . . . . . . . . . . . . . . . How to read graphs . .
Words: 16259 - Pages: 66
------------------------------------------------- Chapter 1—Introducing the Economic Way of Thinking MULTIPLE CHOICE 1. When economists say scarcity, they mean: a. | there are only a limited number of consumers who would be interested in purchasing goods. | b. | the human desire for goods exceeds the available supply of time, goods and resources. | c. | most people in poorer countries do not have enough goods. | d. | goods are so expensive that only the rich can afford it. |
Words: 9136 - Pages: 37
Student Name______________________________________________ S. Id No___________________________________________________ S. Phone (w)________________ (h) ____________________________ B.B.A. – General Business Concentration S. alt. email ________________________________________________ Adviser ___________________________________________________ A. phone __________________________________________________ A. email___________________________________________________ 2010-2011 Catalog This plan
Words: 604 - Pages: 3
Introduction to Microeconomics ............................... 3 ENGL 2010 (CL2) Intermediate Writing (C grade required) ................. 3 MATH 1100 (QL) Calculus Techniques .............................................. 3 MIS 2100 Principles of Management Information Systems .................. 3 *Breadth Creative Arts (BCA) course .................................................. 3 Sophomore Year (31 credits) Third Semester (16 credits) ACCT 2010 Financial Accounting Principles (B grade required)
Words: 552 - Pages: 3
Statistics, Probability & Statistics Accounting: Intro to Accounting, Accounting Principles, Analysis for Financial Accounting, Intermediate Financial Accounting, Cost Accounting, Accounting of Financial Enterprises, Accounting Information System, Tax Law, Auditing, Management Accounting, Financial Accounting, Financial Analysis Eco. & MGMT: Principles of Management, Information Management and Database Technology, Microeconomics, Macroeconomics, Management Information System, Management of Intangible
Words: 434 - Pages: 2
sold over 400,000 copies in the first eighteen years[1] and more than half a million since 1962. It has been translated into eighteen languages. Friedman argues for economic freedom as a precondition for political freedom. According to Microeconomics, Principles and Applications, “Capitalism is a type of economic system in which most resources are owned privately” (Hall, Lieberman G1). In what is known to be a free enterprise system, the government has a limited amount of interference and businesses
Words: 295 - Pages: 2
Richards Econ112: Principles of Microeconomics Exam II Study Questions | | [pic] |1. |If S and D are the initial supply and demand curves, after the tax represented by S', is imposed, the equilibrium price is the | | |distance
Words: 287 - Pages: 2
Karissa Keller Principles of Microeconomics Professor Jason Dixon Karissa Keller Principles of Microeconomics Professor Jason Dixon Just Cookbooks: An Online Business, Exporting, and Taxes Just Cookbooks: An Online Business, Exporting, and Taxes Just Cookbooks: An Online Business, Exporting, and Taxes Karissa Keller Colorado Technical University Principles of Microeconomics: ECON 212 Professor Jason Dixon August 12, 2013 Consumers are changing the way they purchase goods
Words: 4085 - Pages: 17
Introductory Sociology A B B- 3.00 3.00 3.00 9.00 3.00 3.00 3.00 9.00 3.00 3.00 3.00 9.00 12.00 9.00 8.10 29.10 Semester Total : GPA : 3.23 SUMMER 1 2012 ACN201 CHE101 CHE101L MGT201 Principles of Accounting Concepts in Chemistry Concepts in Chemistry Lab Principles of Management AB+ A B+ 3.00 3.00 1.00 3.00 10.00 3.00 3.00 1.00 3.00 10.00 3.00 3.00 1.00 3.00 10.00 11.10 9.90 4.00 9.90 34.90 Semester Total : GPA : 3.49 AUTUMN 2012 ACN202 ECN200 ENV101
Words: 671 - Pages: 3
BASIC ECONOMIC CONCEPTS LESSON 1: BASIC ECONOMIC CONCEPTS By the end of this lesson, you should be able to • • • • • give an overview of Economics deal with the Economic Problem discuss the Methodology in Economics differentiate between Microeconomic Issues and Macroeconomic Issues 1.1 WHAT IS ECONOMICS? Some opinions: “Supply and Demand - that’s all there is to economics. The rest is nonsense.” “Economics is about what everyone knows in a language that nobody understands.” “Economics explains
Words: 4957 - Pages: 20
