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Economics Questions 3

Writer: JulieC Clark
JulieC Clark
Sep 26
1 min read

     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 places in different economic goods?


  • How do equally serviceable units affect the economic climate?


  • How does voluntary exchange dominate opposing economic theories?

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