'Production possibilities frontiers' diaporamas de présentation

Economic Models: Production Possibilities Frontier

457 views • 24 slides

Interdependence and the Gains from Trade

Interdependence and the Gains from Trade. Chapter 3. Interdependence and Trade. Remember, economics is the study of how societies produce and distribute goods in an attempt to satisfy the wants and needs of its members. How do we satisfy our wants and needs in a global economy?.

347 views • 19 slides

Interdependence and the Gains from Trade

Interdependence and the Gains from Trade. Chapter 3. Interdependence and Trade. Remember, economics is the study of how societies produce and distribute goods in an attempt to satisfy the wants and needs of its members. How do we satisfy our wants and needs in a global economy?.

225 views • 19 slides

Lecture 2: Scarcity and Choices

Lecture 2: Scarcity and Choices. Opportunity Cost Production Possibility Frontier (PPF) Sources of the Gains from Specialization Comparative Advantage and Absolute Advantage Three Problems of Resource Allocation. The Concept of Opportunity Cost. Opportunity cost of any choice

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Economics Production Possibilities Curves (PPC) Also known as Production Possibilities Frontiers.

Economics Production Possibilities Curves (PPC) Also known as Production Possibilities Frontiers. Main Aim: Students will fully understand how to analyse and draw production Possibilities curves. Please follow my store for the latest products & freebies. Grades in Economics & Another Subject.

140 views • 13 slides

Production Possibilities Frontiers

Production Possibilities Frontiers. Pull out a blank sheet of paper and put your notes and book away Answer the following questions; Describe opportunity cost in your own words

177 views • 6 slides