Task
of these topics:
- i) The Economic Problem, Nature and Method
- ii) Demand, Supply, and the Market Environment
iii) Elasticity of Demand and Supply
- iv) Government Intervention in the Market
- v) Technology, Production and Costs
- Discuss on how these four concepts affect the behavior/activities of individuals, families, firms, and governments (you can choose only one group or a combination of two/more groups).