Econ-1 - Micro vs Macro Economics Micro- Behavior of...

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Merritt Talbot Charles Roussel 8/24/10 Econ Chap. 1 Economics- The study of how societies go about provisioning themselves with the material means of existence Market- a social relationship in which goods and services are traded for money
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Unformatted text preview: Micro vs Macro Economics Micro- Behavior of individual entities Opportunity Cost and Scarcity- The Margin-Rationality-...
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This note was uploaded on 01/16/2012 for the course ECON 2000 taught by Professor Roussell during the Fall '06 term at LSU.

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