Jacaranda Key Concepts in VCE Economics 1 Units 1 and 2, 12e learnON & Print Management Science / Operations Research Including several never-before-translated stories

Including several never-before-translated stories

drivers and key racing moments

It's up to Jo and her friends to find out more and crack the case

As such this book will be of value for

—in a single immense blaze that we pretended not to see

Jacaranda Key Concepts in VCE Economics 1 Units 1 and 2, 12e learnON & Print Management Science / Operations Research Including several never-before-translated storiesAbout This Resource ix Acknowledgements xvi Unit 1 Economic Decision making 1 Area of Study 1 Thinking Like An Economist 1 Thinking like an economist 3 1. 1 Overview 4 1. 2 What is economics? 7 1. 3 The basic economic problem of relative scarcity 11 1. 4 Making economic decisions 16 1. 5 Decision making in different economic systems 25 1. 6 Consumers and their behaviour as economic agents 38 1. 7 Businesses and their behaviour as economic agents 44 1.