Instructions
This assignment, which covers the concepts presented in Unit 1, asks you to prepare a short-essay response (approximately 400-500 words typed/word-processed pages) to one question presented below.
Your essay response to the question must include direct references to the course materials (textbook, required readings, or researched sources) and use an appropriate citation style (such as APA Style) when quoting or making references to these sources in your responses.
What is the subject matter of economics? What role does the "division of labour" play in defining this subject matter?