Name:_ Class: _ Session: 1 2 Period: 1 2 3 4
Human Body Systems
Chapter 1: The Human Body: An Orientation
1) An Overview of Anatomy and Physiology
2) Levels of Structural Organization
a) From Atoms to Organisms
ECONOMICS UNIT #1 STUDY GUIDE:
FUNDAMENTAL ECONOMIC CONCEPTS, CHAPTERS 1-2
GEORGIA PERFORMANCE STANDARDS IN UNIT 1
Fundamental Economic Concepts SSEF1 The student will explain why limited productive
resources and unlimited wants result in scarcity, opport
Economics Study Guide: Chapter 1 & 2
What is economics?
The study of how people try to satisfy what appears to be seemingly unlimited and
competing wants thru the careful use of relatively scarce resources
What does Microeconomics focus on?
Markets and P
What is price?
the amount paid for an eco. good/service
What is quantity?
the amt of items
What is demand?
consumers willingness and ability to buy an item
@ a given price
Demand refers to a _
instead of an _ amount
What is the law of
What is demand?
the desire, ability, and willingness to buy a product
What is the diff. b/t quality
demanded and demand?
QD is an amt, demand is an behavior
What are the determinants of
What is the law of demand?
the quantity demanded of a g
Economics Study Guide Chapter 2
What is the difference b/t consumer and capital goods?
Consumer- produced for individuals,
Capital - make goods to produce other goods.
What is the difference b/t a fixed and variable cost?
Fixed Costs: These are those c
Price _ change demand.
Changes in demand means uses
What is tastes and preferences ?
they are affected by advertising, trends, health
considerations, etc. ex: demand in dark chocolate
has increased because its shown to be healthy