Give an example of assets, liability, and equity.

Give an example of opportunity cost.

Explain the concept of productivity

In the circular flow diagram, explain the roles of, Households, market for production, market for services and enterprises.

What is a competitive market?

What is demand?

What is the role of the technology in the supply?

What is a monopoly?

What is supply?

What are the determinants of the supply?

What are the determinants of the demand?

What is income?

How can I increase productivity ?

What is the difference between economic development and economic growth?

Whta is an inferior good?

What is the roll of technology in both supply and demand?

What is the roll of technology in both supply and demand?

¿Cual es el problema de la economía "moderna"?

What is the production possibilities about?

What is specialization and trade about?

What is the meaning of the principle of comparative advantage?

What is the absolute advantage?

What is the difference between comparative advantage and absolute advantage?

How the opportunity cost and comparative advantage are related to each other?

What is the relationship between comparative advantage and trade?

What is the legacy of Adam Smith and David Ricardo?

Should the United States trade with other countries?