Chapter 1: Introduction

Chapter Outline

1.0 Introduction

1.1 Economics

1.2 Microeconomics and Macroeconomics

1.3 Scarcity and the Fundamental Economic Questions

1.4 Choices

1.5 Economics – Social Science and Policy Tool

1.6 Economic Model

1.7 Key Terms

 

 

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Principles of Microeconomics Copyright © 2022 by Sharmistha Nag is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License, except where otherwise noted.

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