About this document
Introduction to Applied Economics by JfSernio is a document available to read on EtoBox.
This document provides an introduction to applied economics. It outlines several key learning objectives, including differentiating between economics as a social science and applied science, applying the concept of opportunity cost, and differentiating between macroeconomics and microeconomics. It also defines several important economic terms like scarcity, economic resources, and positive and normative economics. Finally, it discusses how gross domestic product and gross national product are used to measur
- Author
- JfSernio
- Language
- EN