RUNNING IN PLACE

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A rookie entrepreneur asks his daughter and her friends (graduate students in economics) to advise him on his venture. He asks them to explain the factors of production and the relationship between consumers and producers, and then to outline his options for deciding how to set up production and for whom to produce. Topics include factor and product markets, factors of production, scarcity, tradeoffs, and opportunity cost.

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This title is part of the series: RUNNING IN PLACE

Copyright

2010

Publisher

Buck Institute for Education/Interact

Grade

9–12

Extension

ZIP

File Size

382.5 MB

Sample pages

Video Interviews of Consumers of Shoes

Abby Crawford

Dan Fix

Bob Jones

Video Interviews of Those Associated with the Production of Shoes

Scott Leventhal

John Gates

Jesus Miguel

Mack Brown