Random Fact

In 2013, a United States household of four (two children) was considered poor if its income was below $23,492 (this does not include income from anti-poverty programs) (http://www.census.gov/hhes/www/poverty/data/threshld/index.html).

Unit 1: Fundamental Concepts

Introduction
Section 1: Economics
Section 2: The Production Possibilities Curve
Section 3: Economic Growth
Section 4: The Circular Flow
Section 5: Economic Systems
Section 6: Important Concepts and Definitions
Section 7: Economics and Critical Thinking
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