Today's topic: basics.
We are going to look through the following subtopics and questions:
- What is Economics?
- Scarcity and choice
- Goods and services
- Factors of production
- Production possibility curve
- Demand and supply curves. Price equillibrium.
- Main economic targets
- Monetary, fiscal and supply-side policies.
there also will be homework for some students.
I'll meet you at 12 am in the Cherwell building. :)