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Jacaranda Key Concepts in VCE Economics 1 Units 1 and 2, 12e learnON & Print Management Science / Operations Research It's up to Jo and

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

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Jacaranda Key Concepts in VCE Economics 1 Units 1 and 2, 12e learnON & Print Management Science / Operations Research It's up to Jo andAbout 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.

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