3. Lesson Description
We will teach the basic concepts of the two types of markets, some features and the causes of them. In order to test students' comprehension, we are going to ask some simple questions during class. It will be efficient to make them remember what we teach and call their attentions. After we teach all the things, students are required to adjust them to a real case as well as
Requires Attention
- Dwell on difference of standard that distinguish capitalistic/socialistic economic system or market/planned economic system.
- Explain appearance of mixd economic system that arise from growth of market economy system and planned econmy system.
- Explain feature of market economy and planned economy for following angle - relate to possessive type of the means of pro
Requires Attention
- Dwell on difference of standard that distinguish capitalistic/socialistic economic system or market/planned economic system.
- Explain appearance of mixd economic system that arise from growth of market economy system and planned econmy system.
- Explain feature of market economy and planned economy for following angle - relate to possessive type of the means of pro
people must make a choice efficiently in their life.
- Making decisions requires trade-off.
- Trade-off means an exchange of one thing in return for another
- Opportunity cost means the highest-valued alternative you give up
- If its benefits outweighs its opportunity cost, we are making a reasonable choice.
- Sunk cost is a cost that has been incurred and cannot be reversed.
requires the commitment and cooperation of central and local government agencies, airport authorities, airlines, other airport tenants, police and security staff, and the public itself. We will discuss how security procedures affect airport operation and describes in general terms airport security requirements. For obvious reasons, descriptions of detailed procedural arrangements will be avoided,