Invisible Hand

Explain several concepts that are essential to an understanding of how the economy works. Explain how these concepts describe the benefits and costs of international trade.

Week 1 Discussion Your son is graduating from high school and is about to enter the work force. He has developed a strong curiosity about our economic system and how it works. Because you have a good understanding of basic economics, he has asked you to explain several concepts that are essential to an understanding […]

Describe a business that used to operate locally when you were young, but no longer operates/exists today.

The Invisible Hand: Changing Markets Describe a business that used to operate locally when you were young, but no longer operates/exists today. Additionally, provide an example of a business that operates locally today, that did not operate/exist when you were young. Be specific in describing the nature of the business that no longer operates, and […]

Scroll to top