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Lecture Economics (9/e): Chapter 1 - David C. Colander

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Chapter 1, Economics and economic reasoning. In this chapter you will learn: Define economics and identify its components; discuss various ways in which economists use economic reasoning; explain real-world events in terms of economic forces, social forces, and political forces; explain how economic insights are developed and used; distinguish among positive economics, normative economics, and the art of economics.

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