Economics

Money Money Money

Economics and Decision Making

People make choices about how to use their limited resources. How do we deal with scarcity, resources, choice, opportunity cost, price, incentives, supply and demand, production and consumption? What global economy do we have in the U.S.? What economy type do other countries have? What drives the types of economies?

Day 1: What is economics and what are the components of any economy?

Day 2: Global Economies and how decisions are made in the marketplace and by whom.

Day 3: What drives the economy in the United States?

To sum it up: