lecture notes - 1/12/06 Economics Definition: "The...

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1/12/06 1/12/06 Economics Definition : “The study of the production, consumption, and distribution of goods and services” Production Production: How to Produce? (Production Question) Consumption Consumption: What to Produce? (Consumption Question/Optimal Mix Question) Distribution Distribution: For Whom to Produce? (Distribution Question) Theory Definition : “A set of explanations used to describe some aspect of society.” 3 sections: Overview Microeconomics Macroeconomics 7 Homeworks Current Events Analysis – 1 per section of class Tests – 2 essay, 1 Final – multiple choice Attendance 6-9 times = 90 points Extra Credit = 90 points 1/17/06 1/17/06 Epistemology Definition : “Theory of Knowledge/Theories” 2 Types Essentialist Epistemology Essentialist Epistemology: Theory = TRUTH; reflects the real world Non-Essentialist Epistemology Non-Essentialist Epistemology: Theory is a set of explanations used to describe some aspect of society, and those explanations lead to different consequences, but are not true in an absolute sense.
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This note was uploaded on 04/15/2008 for the course PA 206 taught by Professor Melendez during the Spring '07 term at University of Arizona- Tucson.

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lecture notes - 1/12/06 Economics Definition: "The...

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