Economic Problem

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THE ECONOMY AND ITS SECTORS

par Txema Betes

Celestial Family Tree

par Eric Beer

Audio Video

par Norma Nieto

Plantilla

par Francisco Campo

Economic Problem

Economic Coordination

Circular flows in the market economy

Property Rights

Money

Markets

Companies

Economic growth

cost of economic growth

Marginal cost

Cost of producing an additional unit of the same

Production possibility frontier (PPF)

Opportunity cost -> Sacrifice of a product

Through PPF ->Swap

Around PPF->Optimal

Out PPF ->Unattainable

Inside PPF->Attainable