Unit+I

8 -15 || * Opportunity cost & trade offs and their use in decision making 40 - 44 || * The rise of mixed economies and the role laissez faire 310 - 316 || * Phases of a business cycle ||
 * Date Due || Pages || **Key Concepts** ||
 * The Margin and thinking on the Margin
 * The use of production possibilities in decision making ||
 * || 23 - 27 || * The three key economic questions
 * The basic characteristics of traditional, command, market, and mixed economies ||
 * The Cricular flow model
 * Major economic goals of the United States ||
 * || 57 - 60 || * Tracking business cycles & promoting economic strength
 * The link between technology & productivity ||
 * || 67 - 70 || * The Problem of poverty
 * Different types of redistribution programs and their various goals ||
 * Key components of a business cycle
 * Major business cycles in U.S. History ||
 * || 338 - 343 || * The concept of purchasing power
 * The different types of price indexes
 * The causes and effects of inflation ||
 * || Unit I Review || [[file:Unit I Review.doc]]
 * ||  || Unit I Test ||