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The Economic Way of Thinking - Video

In this video, Dr. Mark Schug explains how the "economic way of thinking" can help students understand U.S. History concepts....
Key Concepts: Choice, Credit, Decision Making/Cost-Benefit Analysis…

Utility

Can happiness be measured? Students will learn how utility relates to economic decision making and the law of diminishing marginal...
Key Concepts: Decision Making/Cost-Benefit Analysis, Demand, Wants