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

Lesson 2a: Market Economies and Trade

Assignments: Readings

pp. 31-51, (19th ed. Ch. 2 ALL), "The Market System and Circular Flow" pp. 534-542, (19th, 474-482), "The Economic Basis for Trade" A Comparison of Market Economics and Command Economies Lecture Outline

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