- Economics
- Unit of Study
- Community College / Lower Division, College / Upper Division
-
Price, Tradeoff Diagram, Marginal Analysis, Tradeoffs, Productive Efficiency, Law of Diminishing Returns, Economic Efficiency, Allocative Efficiency, Slope, Sunk Costs, Budget Constraint, Opportunity Cost, Opportunity Set, Market Economy, Adam Smith, Invisible Hand, Law of Diminishing Marginal Utility, Utility, Scarcity, Normative Statements, Cost, Production Possibilities Frontier (PPF), Firm, Positive Statements