Thursday, August 25, 2011

Homework - Chapter 1

Chapter 1 - Nature & Methods of Economics
Study Questions: 2, 4, 6, 8, 10, 11, 12, 15, 17 (pg. 13-14)
For No. 17, please visit www.rnc.org and www.democrats.org.  Your question is, "Identify an economic issue that both parties address, and compare and contrast their views o that issue.  Generally speaking, how much of the disagreement is based on normative economics compared to positive economics?  Given an example of loaded terminology from each site."

Appendix: 2, 3, 6, 7 (pg. 20-21)
These are math questions requiring you to do some quantitative analysis of raw data and also the relationship between consumption and income.

Good luck!

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