Introduction to: Economics

1
Introduction to Economics

• Schiltz Comet Challenge

2
What is economics?

• Economics is the social science that studies the
  production, distribution, and consumption of
  goods and services.
• What does this mean??

3
Why do we study economics?

• Write down 3 reasons why we study economics (do
  this in your Comet Challenge folder)
• Share!

4
What is money?

• What is money?
• What is money used for?
• Has money always been the same?
• Why is money important?

5
What is wealth?

• What does it mean to be wealthy?
• Is the definition of wealth the same for everyone?

6
What if

• We had all the money we wanted?
• Money didnt exist?
• Answer these questions in your Comet Challenge
  folder!