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Economics Lecture Three (view source)
Revision as of 21:46, September 15, 2009
, 21:46, September 15, 2009→Three Basic Economic Principles
This week we build on several principles introduced last week, and also introduce some entirely new concepts.
This week we build on several principles introduced last week, and also introduce some entirely new concepts.
== Three Basic Economic Principles ==
== The Law of Demand and Other Key Points ==
Building on last week's class, we can now state the three most basic principles of economics with respect to price:
Building on last week's class, we can now state the three most basic principles of economics with respect to price: