Micro Economics Question

Learning Goal: I’m working on a micro economics discussion question and need a reference to help me learn.

Learning Outcomes:

Upon successful completion of this module, the student will be able to:

• Identify Principle of Opportunity Cost

• Discuss Marginal Principle

• Understand Principle of Diminishing Returns

• Differentiate Real and Nominal Principle

3.2 Action Required:

Read the following to prepare for this week:

• Chapter 2: The Key Principles of Economics


Watch the following video(s), which you can access in the Weekly Media object or by clicking on the link(s) below:


3.3 Test your Knowledge (Question):

Q1 What is production possibilities curve? Discuss when a production possibilities curve may shift?

3.4 Instructions

• Answer the question in test your knowledge section.

• Post your answer in the discussion board using the discussion link below (Week3: Interactive learning Discussion)

Adhere to the conditions contained in the file

””no plagiarism””

don’t forget the references

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