As I prepare to write a post concerning the study of Economics & American culture, I stop to ask myself a few questions, find your personal answers if you wish, this will likely come up in my next or previous post and might interest you further. Scope of Economics: Human Action - Voluntary Echange & the Division of Labor How does rational & irrational behavior amongst the common people affect the economy & how economists think? How does time change the value the individual pl

As I prepare to write a post concerning the study of Economics & American culture, I stop to ask myself a few questions, find your personal answers if you wish, this will likely come up in my next or previous post and might interest you further. Supply & Demand - Method of Economics How do personal preferences affect supply & demand? How much of a difference does that make large scale? How does pice elasticity affect small businesses? Why doesn't money have a fixedvalue? Is t

As I prepare to write a post concerning the study of Economics & American culture, I stop to ask myself a few questions, find your personal answers if you wish, this will likely come up in my next or previous post and might interest you further. Principles of Economics - Specialization of Trade How can understanding economics be helpful to an average person's daily living? How do specialization & trade create economic cooperation?