Discussion Post: Principles of Economics
Watch this short YouTube video "Scarcity: The Basic Economic Problem" to help you think about this discussion:
Start your discussion by responding to these questions:
a) Introduce yourself to your professor and peers. Tell your classmates about the career you are in or for which you're preparing.
b) Describe a scarcity problem involving natural resources, time, or employees. What was scarce? Why was it scarce? Remember, it probably involved a tradeoff.
The response should include a reference list. Using double-space, Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.