Scarcity and the world of trade-offs


Assignment:

Answet the following:
 
1-the nature of economics
 
2-scarcity and the world of trade-offs
 
3-supply and demand
 
4demand and supply elasticity
 
5-consumer behavior
 
6-rents, profits and the financial environment of business
 
7-the firm : cost and output determination
 
8-perfect competition
 
9-monopoly
 
10-the labor market: demand , supply, and outsourcing
 
11-income, poverty and health care
 
12-environmental economics
 
13-comperative advantage and the open economy
 
14-exchange rates and the balance of payments

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Macroeconomics: Scarcity and the world of trade-offs
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