This lecture-style PowerPoint includes 16 interactive slides. Questions are included at the end of each unit along with the answers.
Topics covered include:
-What economics is and the difference between microeconomics and macroeconomics. -What rational self-interest, resources and wants have to do with economics.
-Economics as a science and how it is associated with the development of models and theories.
-Difference between positive and normative economic statements.
-Graphing principles and the relationship between variables.
-How to construct graphs to show the relationship between two variables.
-How to find the slope of a line.