'Increasing opportunity cost' diaporamas de présentation

Unit I: Basic Economic Concepts

Unit I: Basic Economic Concepts. 3 FACTS!. Econ is a skills based course. Learning methodology resembles algebra more than history. You MUST complete assignments BEFORE class Class time should be about sharpening skills, rather than just introducing/reviewing concepts.

1.42k views • 120 slides

Jeopardy

Jeopardy. Choose a category. You will be given the answer. You must give the correct question. Click to begin. Choose a point value. Choose a point value. Click here for Final Jeopardy. Key Terms. Factors of Production. PPCs. More PPCs. Fundamental Concepts. Key Terms.

704 views • 66 slides

Comparative Advantage: The Basis for Exchange

Comparative Advantage: The Basis for Exchange. Comparative Advantage: The Basis for Exchange. What Do You Think? Do the Nepalese perform their own services because they are poor or are they poor because they perform their own services?. Exchange and Opportunity Cost.

528 views • 40 slides

Unit 1: Basic Economic Concepts

417 views • 40 slides

Lecture 3: Production, Growth, and Trade

Lecture 3: Production, Growth, and Trade. Define production possibility frontier Define production efficiency Choosing Production Mixes An introduction to Growth Work for the Weekend Read Chapters 3 and 4 Work EIA Chapter 3. Here are some of the issues we will address.

1.04k views • 29 slides

The Economic Problem

368 views • 27 slides

Chapter 2 Confronting Scarcity: Choices in Production

Chapter 2 Confronting Scarcity: Choices in Production. Confronting Scarcity: Choices in Production.

443 views • 22 slides

Comparative Advantage: The Basis for Exchange

Comparative Advantage: The Basis for Exchange. Exchange and Opportunity Cost. Absolute Advantage One person has an absolute advantage over another if he takes fewer hours to perform a task than the other person. Exchange and Opportunity Cost. Comparative Advantage

407 views • 22 slides

Chapter 01 Economics: The Study of Opportunity Cost

Chapter 01 Economics: The Study of Opportunity Cost. Chapter Outline. Economics And Opportunity Cost Modeling Opportunity Cost Using A Production Possibilities Frontier Attributes Of The Production Possibilities Frontier The Big Picture Thinking Economically

224 views • 22 slides

Individual Markets

Individual Markets. Supply: The Nature of Production. Supply. A schedule or curve that shows the amounts of a product that producers are willing and able to make available for sale at each of a series of possible prices during a set period .

305 views • 20 slides

INTERNATIONAL ECONOMICS Chp 3. Salvatore, D.

Standard Theory of International Trade. INTERNATIONAL ECONOMICS Chp 3. Salvatore, D. Standard Trade Model. The standard trade model is built on four key relationships: Production possibility frontier and the relative supply curve Relative prices and relative demand

2.24k views • 16 slides

Production Possibilities Frontier

147 views • 13 slides

Scarcity, Trade-offs, Cost, and Opportunity Cost In Economics, Society, and Government

Scarcity, Trade-offs, Cost, and Opportunity Cost In Economics, Society, and Government. Define Economics- Scarcity- Trade offs- Cost- Opportunity Cost-. Constant Opportunity Cost. Constant Opportunity Cost. Pizza Calzones. Pizza. 10 9 8 7 6 5 4 3 2 1 0. 0 1 2 3 4 5 6

227 views • 12 slides

Spending

PRODUCT MARKET. Goods and. Goods. services. and services. bought. sold. HOUSEHOLDS. FIRMS. Affect on Circular Flow?. Labor, land,. Factors of. capital & entrepreneurship. production. FACTOR Market. Wages, rent,. and profit. Circular Flow. Spending. Revenue. Price of Oil

264 views • 12 slides