Contemporary Economic Issues (ECON1000)

Kennesaw State University

Here are the best resources to pass Contemporary Economic Issues (ECON1000). Find Contemporary Economic Issues (ECON1000) study guides, notes, assignments, and much more.

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Economic Notes
Class notes • 9 pages • 2024

In-depth notes and descriptions on key terms. Explanations and examples.

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Questions & Gains from Specialization: (“Contemporary Economics Issues” – Chapter 2) The current chapter begins by broadly describing the roles played by households and firms in the consumption and production of goods/services. Next, the fundamental quest

Questions & Gains from Specialization: (“Contemporary Economics Issues” – Chapter 2) The current chapter begins by broadly describing the roles played by households and firms in the consumption and production of goods/services. Next, the fundamental quest
Class notes • 10 pages • 2023

This chapter begins by broadly describing the roles played by households and firms in the consumption and production of goods/services. Next, the fundamental questions that a society faces when deciding how to use its scarce productive resources are identified. The notion of the Production Possibilities Frontier (which provides a graphical depiction of the limits on output that a society faces due to resources being scarce) is described. Finally, a simple model (of a two person, two commodity ec...