Acceptable logotypeECO 2030. Principles of Economics-Price Theory

Thinking Like an Economist

Social Science

  1. Methodology
  2. Assumptions
  3. Models

Types of Analysis

  1. Microeconomics and Macroeconomics
  2. Positive and Normative Economics
  3. Why Economists Disagree

Economic Models

  1. The Circular Flow Diagram
  2. Production Possibilities Frontier