Economics
Damelin (DCC)
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past year paper and memo
past year paper and memo
past year paper and memo
past year paper and memo
past year paper and memo
past year paper and memo
contains a study guide and past exam papers with the memo
it contains a study guide and past year exam papers
![Introduction to economics](/docpics/612752394fcf9_1268808.jpg)
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Introduction to economics
- Summary • 10 pages • 2021
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- R50,00
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In this chapter we introduce you to economics. We introduce you to the important concepts of scarcity, choice and opportunity cost. We explain 
these concepts using a production possibilities curve we use a production possibilities curves to illustrate different situations. We explain why economics is a social science, the difference between micro 
economics and macroeconomics, and the difference between positive and normative economics.
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