The concepts of supply and demand to life


Macroeconomics
Apply the concepts of supply and demand to life situations.
Characterize how the market forces of supply and demand determine prices in a free market system.
Interpret the effects of price control policies on the economy.
What did you learn? Why is it important? How do the Economics concepts we just covered impact the economy, you and your family, your friends and your employer?

WRITING TO LEARN:
Select the top ten (10) most important ideas / concepts that you learned in chapters 3 & 4 of your textbook. NOTE: Choose five from each chapter.

Number your list and write a three to four sentence explanation of why each idea / concept is important to you and how it affects your life.

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Microeconomics: The concepts of supply and demand to life
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