1-2 Discussion: Economics and Business Decisions
In your initial post, begin by introducing yourself briefly, including your program of study and
career interests. Then, address the following as part of your response:
Imagine you own your own business and have to make daily decisions about how to
allocate available resources such as input of production, time, purchasing decisions,
and so forth. What role do you think microeconomics has in running a business?
Which of the principles of economics outlined in your reading would you be more
likely to apply when making business decisions? Provide at least two to three
In your responses to your peers, comment on at least two posts that discuss a different
economic principle than the one you chose. Draw connections between the different
principles and the role of microeconomics in everyday life.
1. Introduce yourself and share any experience you have with marketing.
I am Yves Booker. I am currently serving in the Unites States Marine Corps (U.S.
Marines). I grew up all around the nation and world as a dependent under my stepfather who
served in the Unites States Air Force (U.S. Air Force), but I originated my home in Abilene, Texas