Introduction ●      An entrepreneur is someone who starts up a business. It could be anything from…

Introduction Definitions and Basics ●      Interest, from the Concise Encyclopedia of Economics ●      Interest is the price people…

Introduction Definitions and Basics ●      Credit, from Dictionary.com ●      Definition: credit: ○    5. confidence in a purchaser's ability…

Introduction Definitions and Basics ●      Government Debt and Deficits, from the Concise Encyclopedia of Economics ●      Government debt…

Introduction Definitions and Basics ●      Rent Seeking, by David R. Henderson, from the Concise Encyclopedia of Economics…

Introduction Definitions and Basics ●      Definition: Market failure, from Answers.com ●      An economic term that encompasses a situation…

Introduction Definitions and Basics ●      Public Goods and Externalities, from the Concise Encyclopedia of Economics ●      Most economic…

Definitions and Basics ●      Fiscal Policy, from the Concise Encyclopedia of Economics ●      Fiscal policy is the use…

Economic behaviour involves the exchange of one scarce resource for another. When people engage in…

Definitions and Basics ●      Robert Frank on Inequality , podcast on EconTalk. November 15, 2010 ●      Robert Frank…