The Foundations of Economics
This is the first presentation from our Economics class. It lays out the foundations of Economics, including some key terms, such as scarcity, opportunity cost and utility. The lesson also features a discussion on the factors of production, an illustration of the Production Possibilities Curve and a simplified model of the economy. Download the Presentation: The Foundations of Economics Sign up for FREE IB Economics presentations Find out more about current Economics issues related to our course