Content
- Definition of Economics
- How do Economists define 'Economics'?
- Some Basic Concepts: Needs and Wants
- Some Basic Concepts: Resources
- Some Basic Concepts: Economizing
- Some Basic Concepts: Scarcity
- Some Basic Concepts: Choice
- Some Basic Concepts: Opportunity Cost
- Some Basic Concepts: Production Possibility Curve
- Some Basic Concepts: Classification of Goods
- Some Basic Concepts: Wealth
- Some Basic Concepts: Income
- Chapter Roundup