This program describes economics as the study of choices: the concept of opportunity cost illustrates how society makes choices. Other key topics are the trade-off between efficiency and equity objectives; positive and normative statements; and supply and demand.
"This program describes economics as the study of choices: the concept of opportunity cost illustrates how society makes choices. Other key topics are the trade-off between efficiency and equity objectives; positive and normative statements; and supply and demand."@en
"This program describes economics as the study of choices; the concept of opportunity cost illustrates how society makes choices."@en
"This program describes economics as the study of choices; the concept of opportunity cost illustrates how society makes choices."
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Business enterprise Technological innovations Study and teaching.
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