Title: (Optional) Define economics.
Course: Opportunities in Global Trade (12056-I) > Section: Exploring the Realities and Fluctuations of the Global Economy

Definition should include

- defining economics
- identifying major economic systems
- identifying goals of economic policy.

Process/Skill Questions:

- Why is an understanding of economics so important to persons participating in global commerce?
- How do economic decisions affect an individual’s daily life?
- How is a country's economic system chosen or established?
- How does a command economy differ from a market economy?