What is economics? Vocabulary

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Presentation transcript:

What is economics? Vocabulary Economics 12. Trade-off Scarcity 13. Opportunity Cost Factors of Production 14. Microeconomics Land 15. Macroeconomics Labor 16. Production Possibilities Curve Goods 17. Economy Services 18. Utility Capital Productivity Entrepreneurship Technology

What is economics? Unit 1 Vocabulary Economics 12. Trade-off Scarcity 13. Opportunity Cost Factors of Production 14. Microeconomics Land 15. Macroeconomics Labor 16. Production Possibilities Curve Goods 17. Economy Services 18. Utility Capital Productivity Entrepreneurship Technology

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