经济学原理概念解释(海大双语).pdfVIP

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1 Getting Started Scarcity 【稀缺】 Scarcity is the condition that arises because wants exceeds the ability of resources to satisfy them. Faced with scarcity, we must make choices —we must choose among the available alternatives. The choices we make depend on the incentives we face. Economics Defined 【经济学定义】 Economics is the social science that studies the choices that individuals, businesses, governments, and entire societies make as they cope with scarcity, the incentives that influence those choices, and the arrangements that coo

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