DCO I $(2013)-$ McConnell v$21$

Test $1$: for chapters $1,2,3,6,$ and $7-$ review

Chapter $1-$ Limits, Alternatives, and Choices

Economics definition, economics primarily concerned, economizing problem faced society

Opportunity costs

Economic perspective

Sample question $1$

Positive and normative economics

In constructing models, "ceteris paribus" means

Budgat line

Inction possibilities curve

Chopit $2-$ Market Systems and the Circular Flow

Boonomic systems

Competition in market system

invisible hand

connomis efileienoy and primarily determined in the resource markets

Foonomis profits and losses

Sample question $2$

Chyptar $3-$ Damand, Supply, and Martet Equilitbrium

Amarka

Dennand curve$/$demand sahredele

Canse of the demand curve shifts

Lam of sunghy$/$sungly curve

Cunght gruestim $3$

Basen

maneris

Tricas

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