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Lecture 07 - American Heritage Essay#2 due Thursday Sept...

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American Heritage September 21, 2011
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September 21, 2011 Essay #2 due Thursday, Sept. 22 nd or Friday, Sept. 23 rd Has to be turned in two places to not be assessed the late penalty: a hard copy at the START of your lab & electronic via blackboard by the START of your lab this week. Coming Soon : Midterm #1:Tuesdsay, Oct. 4 th - Friday, Oct. 7 th
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Today s Objectives Identify values at the core of economic systems. Specify the characteristics of a market system. Begin to explore relationships between government and a market economy.
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Adam Smith 1. Value of markets 2. Self-interest as motivation 3. Specialization 4. Invisible Hand
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