MICROECONOMICS C718

Western Governors University

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C718 Microeconomics Concepts and Videos- Western Governors University
  • C718 Microeconomics Concepts and Videos- Western Governors University

  • Exam (elaborations) • 64 pages • 2022
  • Microeconomics Concepts and Videos Unit 1: Basic Economic Concepts UNIT 1 Overview- Introduction  Scarcity  Microeconomics vs. Macroeconomics  Positive vs. Normative Economics  Self-Interest and Incentives  Marginal Analysis  Opportunity Cost and Trade-offs  Four Factors of Production  Capital Goods and Future Growth VIDEO 1.1- Production Possibilities Curve  Efficiency  Straight vs. Bowed PPC  Law of Increasing Opportunity Costs VIDEO 1.2- Shiftin...
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