Unit I: Basic Economic Concepts What is Economics in General? Economics is the study of _________. Economics is the science of scarcity. Scarcity is.
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Unit 1: Basic Economic Concepts 1. REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive & normative 3.Differentiate.
BEC REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive & normative 3.Differentiate between price and cost 4.Explain.
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Unit 1: Basic Economic Concepts 1. REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between price and cost 3.Differentiate between.
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© 2008. Oklahoma State Department of Education. All rights reserved. 1 Tracking Your Money Standard 4. Managing a Bank Account.
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