Economics

Homework due Thursday, August 22

Economics in Our Times, pp 9-16

Terms to Know: 

            Wants

            Utility

            Resources

            Scarcity

            Economics

Read: “Is the Dismal Science Really a Science?” & Wall Street Journal letter to the editor, 3/4/10 Answer the following question in writing: In what ways do these readings modify the textbook’s definition of economics?