'Basic economic concepts' presentation slideshows

Economics

Economics. Chapter One . Chapter One. Scarcity and the Science of Economics Basic Economic Concepts Economic Choices and Decision Making. 1.1 Scarcity and the Science of Economics.

795 views • 52 slides

Introduction to Economics

Introduction to Economics. Needs and Wants. Needs and Wants. Biological Needs. Needs and Wants. Biological Needs Food Water Shelter. Needs and Wants. Societal Needs. Needs and Wants. Societal Needs Comfort/Luxury Security Entertainment Love/Acceptance. The Concern of Economics.

1.21k views • 34 slides

Western Economic Theories and Schools

Western Economic Theories and Schools. Group Members: Jenny Kelly Etta Eutene. Content. Introduction Jenny Basic Economic Concepts Jenny Development Kelly Etta Conclusion Eutene.

418 views • 30 slides

Basic Economic Concepts

Basic Economic Concepts. Economics has its own vocabulary. Fortunately, most economic terms are widely used and will already be familiar. I. Needs and Wants. A need is a basic requirement for survival. A want is a means of expressing a need. . II. Products.

535 views • 16 slides

Basic Economic Concepts

Basic Economic Concepts. Economics has its own vocabulary. Fortunately, most economic terms are widely used and will already be familiar. I. Needs and Wants. A need is a basic requirement for survival. A want is a means of expressing a need. II. Products.

712 views • 16 slides

Unit I: Basic Economic Concepts

Unit I: Basic Economic Concepts. Topic A: The economic perspective: limits, alternatives, choices and trade-offs. What is economics?. Economics is the study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided.

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Unit 1: Basic Economic Concepts

473 views • 15 slides

Basic Economic Concepts

Basic Economic Concepts. Economic Terms. Economic products: goods and services that are relatively scarce, and transferable to others. Good: A specific item that you buy. Service: Work performed for someone Consumer: a person who uses goods and services to satisfy wants and needs.

362 views • 15 slides

Ch 1 sec 2

509 views • 13 slides

The Fundamental Problem of Economics

The Fundamental Problem of Economics. Scarcity is the condition that results from society not having enough resources to produce all the things people would like to have. Economics is the study of how people try to satisfy unlimited wants and needs using scarce resources.

245 views • 13 slides