BIOL 1001 Chapter : Chapter 4 Student Outline

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15 Mar 2019
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Econ 2030: business, practice problems, questions and exercises at end of textbook chapters, answers on moodle, chapter 1: 2-6, 9, 10, labs do meet this week: today/friday. Substance: economies- the study of how society provisions themselves, with the material means of existence. This shows why economics is a social science. Only looking at a subset behavior that includes the material substance in our lives. Part of our behavior: the basics, definitions, economics- the study of individual choice in the face of scarcity. Also in the scarcity of time: markets- one way or organizing. Social process in which goods: what?- what are we going to make. How?- how are we going to and services are exchanged through money. People doing stuff/ interacting with each other. produce. Those willing and able to give that money for that good or service. Consequences?- will have consequences for the society as a whole. Fig. 1 individual persons, individual business, and individual industries. as a whole.

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