This program describes economics as the study of choices: the concept of opportunity cost illustrates how society makes choices. Other key topics are the trade-off between efficiency and equity objectives; positive and normative statements; and supply and demand. (28 minutes)

Tell a Friend! Your Name: Your Email: Your Friend's Email: Your Message: We respect your privacy and will not use your friend's address without permission. Item#: FMK6503 Copyright date: ©1993 VHS ISBN 978-0-7365-4512-9 DVD ISBN 978-1-4213-6925-9

Part of the Series : Introductory Economics

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