'Normative economics' presentation slideshows

Introducing the Economic Way of Thinking

621 views • 42 slides

The Price System, Demand and Supply, and Elasticity

The Price System, Demand and Supply, and Elasticity. The Price System: Rationing and Allocating Resources. The market system, performs two important and closely related functions:

549 views • 42 slides

Introduction to Microeconomics

Introduction to Microeconomics. Lecture 1. Chapter 1 - Preliminaries. Economics is a social science concerned with the efficient use of limited or scarce resources to achieve maximum satisfaction of material wants.

623 views • 32 slides

Basic Economic Concepts

Basic Economic Concepts. Basic Economic Vocabulary. Needs are Necessities for survival Wants are Ways of expressing needs and/or goods and services consumed beyond what is necessary for survival. Goods are physical objects that can be purchased

510 views • 31 slides

Learning Objectives

Learning Objectives. Discuss the difference between microeconomics and macroeconomics Evaluate the role that rational self-interest plays in economic analysis Explain why the study of economics is a science Distinguish between positive and normative economics. Defining Economics. Economics

1.62k views • 30 slides

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399 views • 27 slides

Economics

670 views • 21 slides

Agricultural Economics Class With Dr.Niv Nozari

343 views • 20 slides

Teaching the Ethical Foundations of Economics

297 views • 16 slides

ECON IS EASY !!!!!!!!!

ECON IS EASY !!!!!!!!!. HOW many kinds of Econ???. Microeconomics (individual parts of the economy & the actions of individuals and firms) Macroeconomics (the economy as a whole) Positive Economics

263 views • 15 slides

Economics of Conservation

Economics of Conservation. Economics - Basic. Economics is a tool which helps us answer 3 basic questions: 1. What commodities should be produced and in what quantity? 2. How should we produce those goods? and 3. For whom should we produce those goods?. Descriptive Economics.

239 views • 14 slides

Macroeconomics : Branch of economics that studies decision-making for the economy as a whole

Definition. Economics : The study of how society chooses to allocate its scarce resources in order to satisfy unlimited wants. Microeconomics : Branch of economics that studies decision-making by a single individual, household, firm, industry or level of government.

306 views • 11 slides

The economist as social scientist

Lecture Notes: Econ 203 Introductory Microeconomics Lecture/Chapter 2: Economic thinking and practice M. Cary Leahey Manhattan College Fall 2012. The economist as social scientist. Art versus science (Nobel prize example) Role of scientist, explaining the world

214 views • 11 slides

Economics

222 views • 10 slides

AP Macroeconomics $?$?$?$?$?

AP Macroeconomics $?$?$?$?$?. Mr. Gill 256-4175 ext. 69522 jgill@newpaltz.k12.ny.us. What is Economics?. Science of Decisions Why must decisions be made?. Scarcity!. Unlimited Needs + Limited Resources. Learning the Language . Scarcity 4 Basic Questions Trade Offs and Opportunity Costs

199 views • 10 slides

AP Economics

313 views • 9 slides

Intro To Economics

Intro To Economics. By Ervin Mafoua-Namy Ricky Jean-Louis P.6. The Social Science of Economics. Economics is a social science that seeks to analyze and describe the production, distribution, and consumption of wealth.

186 views • 9 slides

THE STUDY OF ECONOMICS

THE STUDY OF ECONOMICS. -The social science concerned with the efficient use of limited or scarce resources to achieve maximum satisfaction of human economic wants.

457 views • 7 slides

180 views • 7 slides

AP Economics

AP Economics. Mr. Bernstein Module 1: The Study of Economics September 10, 2013. AP Economics Mr. Bernstein. Resources are Scarce Land Labor Capital Entrepreneurship or Human Capital Scarcity implies choices must be made by individuals, corporations or societies

177 views • 6 slides