Elementary Keystone Economic Principles
- Keystone Economic Principle #5 – What Matters to Me?
- Incentives Produce “Predictable” Responses
- Complimentary Concept:
- Keystone Economic Principle #9 – What’s the Price Telling Me?
- Prices are Determined by the Market Forces of Supply and Demand and are Constantly Changing
- Keystone Economic Principle #9 – What’s the Price Telling Me?
Secondary Keystone Economic Principles
- Keystone Economic Principle #5 – What Matters to Me?
- Incentives Produce “Predictable” Responses
- Complimentary Concept:
- Keystone Economic Principle #9 – What’s the Price Telling Me?
- Prices are Determined by the Market Forces of Supply and Demand and are Constantly Changing
- Keystone Economic Principle #9 – What’s the Price Telling Me?
Big Transferable Concepts to match with curriculum:
- balance (equilibrium)
- competition
- demand
- penalty
- change
- greed
- externalities
- long-/short-term
- price
- profit / loss
- supply
- grace
- influence
- obedience
- gratitude