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Survey of Economics
Author: Tucker, I. B.
Publisher: Cengage Learning
Discuss why scarcity forces individuals and society to incur opportunity costs. Give specific examples.
Explain the difference between macroeconomics and microeconomics. Provide at least two examples of the areas of concern for each branch of economics.
Explain your response with specifics and provide examples.
In your replies:
Share past experiences that may relate to your peers’ responses.
If you found any of your peers’ tips or ideas useful, share them and explain why you might use them yourself in the future.
Provide any input that may be useful in your peers’ initial post.
Cite and reference sources according to APA Style.
Justify your responses and be sure to correctly cite and reference your sources.
In addition to your main response, you must also post substantive responses to at least two of your classmates’ posts in this thread. Your response should include elements such as follow-up questions, further exploration of topics from the initial post, or requests for further clarification or explanation on points made.