- How an economy works; its structure and purpose, the roles of labor, capital, natural resources, businesses, and entrepreneurs.
- The processes within the economy; supply and demand, price discovery, specialization, trade, price signals, opportunity cost.
- Historical development of markets; Cavemen, Absolutism, Mercantilism, Adam Smith, Free Trade.
- Business processes; profit maximization, factory optimization, capital expansion decisions, ethics, negotiation, P&L’s, international operations.
- Funding; source of capital, investment risk, risk/reward ratios, angel investors and venture capitalists, making and evaluating investment pitches, having one’s own money at risk.
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The Good, the Bad, the Scarce (free)
Saddle up for a quick ride to discover Goods, Bads, Scarcity, and how Prices help us cope with it all! Plus, we'll see how Money evolved from Barter!
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