Unit 1: Markets are Efficient, Except . . . Intro to Microeconomics

Lesson 1c: Making Choices: Scarcity and Budget Lines

Assignments: Readings

20th Edition:

- Ch 1, pp. 4-11, "The Economic Perspective", "Theories,Principles, and Models", "Microeconomics and Macroeconomics", "Individual's Economizing Problem"

- Lecture Outline

(19th ed. Ch. 1, pp. 3-11)

 

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Lesson 1c