Gillespie: Foundations of Economics
Unit 1
American Economists Association
Read what the American Economics Association say about economics
www.vanderbilt.edu/AEA/students/WhatIsEconomics.htm
Made in China
To find out more about the transformation process and how an item can be sold in the UK for 99p and made in China for 22p read
business.timesonline.co.uk/tol/business/article1400192.ece
What is economics?
For one view of what economics is all about and why it matters in all aspects of life visit
www.econlib.org/library/Columns/y2007/Robertsopportunitycost.html
Here is what the Open University says
www.open2.net/moneyandmanagement/money/economics.html
Why study economics?
For information on why you are right to study economics
whystudyeconomics.ac.uk/


