Unit1
Lesson 1
glide 1â"opening quote
mistake 2â"objectives (1 or 3)
As we begin the power point presentation, there are a few general comments that may be
helpful. This part of the billet is designed to provide a general overview of the lessons
and to introduce the versatile concepts that are included. The interactive exercises and
assessments pass on provide more prescience and detail as you move through each lesson. As
menti iodined earlier, it is classical that you complete each segment as they are presented.
drop away 3â"objectives (2 of 3)
Also, each lesson will begin with specific learnedness objectives. There is always a
tendency for students to pay very unretentive attention to objectives and go right to the test.
Keep in caput that the learning objectives are describing the things that are most
important and that all assessments will be based upon those elements. So, please take a
few transactions to review the objectives as we move forwardâ"they are important.
slip 4â"objectives (3 of 3)
As you see, several of the objectives are focusing on definitions such as economics,
macro and micro, and positive and normative economics. In addition we will discuss the
scientific method as it has been used in economics, national economic goals and the
circular turn tail model.
We will build upon this simple model throughout the course.
Slide 5â"Study of Econ
There are many different definitions that can be used to describe economics-- in addition
to the one provided here. It is important to understand that economics inevitably involves
some typeface of systemâ"a system that is utilized to allocate resources. In more simple
terms an economic system helps to determine who gets what.
Slide 6â"macro and micro
The terms macro and microeconomics have already been mentioned but they are
important. Micro is describing the individual units that make up our deliveryâ"macro is
a study of the overall system or large portions of it. Micro is generally more finite and
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