Economics Simplified

This Blog aims to explain economics in a very simple way.

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  • Ten Principles of Economics:
    Ten Principles of Economics: 1.2.1 How People Make Decisions: People face tradeoffs. The cost of something is what you give up getting it. ...
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      Economy... ...The word "economy" is derived from a Greek word meaning "home manager." 1.1.1 A household and an econom...
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    Ten Principles of Economics: 1.2.1 How People Make Decisions: People face tradeoffs. The cost of something is what you give up getting it. ...
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  • Ten Principles of Economics:
    Ten Principles of Economics: 1.2.1 How People Make Decisions: People face tradeoffs. The cost of something is what you give up getting it. ...
  • What is Economics?
      Economy... ...The word "economy" is derived from a Greek word meaning "home manager." 1.1.1 A household and an econom...