ECO105Y1: PRINCIPLES OF ECONOMICS FOR NON-SPECIALISTS
University of Toronto (St. George)
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- Package type: Reading summary
- Course code: ECO105Y1
- Instructor: cohen
- Useful until: September, 2012
- Title: Eco105 chapter 1 summary
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Package description
Because you can never satisfy all of your wants, making the most out of your life requires smart choices about what to go after, and what to give up.
• Economics is how individuals, businesses, and governments make the best possible choices to get what they want, and how those choices interact in markets.
• Problem of scarcity arises because of limited money, time, and energy.
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2012-11-24 16:08:27
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