chapter one: economic activity in context. the goals of an economy
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Chapter One:
Economic Activity in Context
The Goals of an Economy
Table 1.1: A Potential List of Final Goods
Economic Tradeoffs
Figure 1.1: Society’s Production Possibilities Frontier
Figure 1.2: An Expanded Production Possibilities Frontier
Figure 1.3: Society’s Choice between Current Production and Resource Maintenance
Figure 1.4: Possible Future Production Possibilities Frontiers
Microeconomics in Context
Figure 1.5: The Circular Flow Diagram
Figure 1.6: Microeconomics in Context
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