 |
| | | | |
Fundamentals of Economics
, Second Edition
William Boyes, Arizona State University
Michael Melvin, Arizona State University
| | |
| |
Chapter Outlines
Chapter 1: Economics and the World Around You
Part One The Price System - The Definition of Economics
- Scarcity and Opportunity Costs
- Resources and Income
- Specialization and Exchange
- Production Possibilities
- Specialization and Comparative Advantage
- Gains from Trade
- Trade
- Trade Patterns
- Barter and Money
Summary/Key Terms/Exercises
| |
| |
|
|
|
