While watching an introductory economics course - Khan Academy - it becomes clear that the basis for economics is scarcity. This is highlighted and established in the first few lessons. Without scarcity there is no real need for economics. Scarcity is contrasted with "free", really meaning abundant, and these two concepts for the foundation for the subject of economics much like addition and subtraction are the foundation for math.
The Economics of Digital Space
The Economics of Digital Space
The Economics of Digital Space
While watching an introductory economics course - Khan Academy - it becomes clear that the basis for economics is scarcity. This is highlighted and established in the first few lessons. Without scarcity there is no real need for economics. Scarcity is contrasted with "free", really meaning abundant, and these two concepts for the foundation for the subject of economics much like addition and subtraction are the foundation for math.