Mar. 31, 2016
Substitutes and complements
Pepsi & coca-cola
Soft drink industry
ECO 6005 EXAM 1 STUDY GUIDE
What is the origin of the word "economy"?
What is the science of economics primarily concerned with?
What is "scarcity"?
What is an "opportunity cost"?
Can economists, as scientists, conduct experiments
Practice Exam 1
The English word that comes from the Greek word for "one who manages a household" is
Which of the following is correct?
a. The word economy comes from the Greek word for
The study of how individual households and
firms make decisions, interact with one another
The study of the economy as a whole.
We begin our study of macroeconomics with the
countrys total incom