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What is Economics?

Key concepts
Define the key concepts
- Scarcity
- Choice
- Efficiency
- Equity
- Economic well-being
- Sustainability
- Change
- Interdependence
- Intervention
Check what the Economics guide says about them.
Task
• Read the YLE news article
’Tampere tramway starting
open trial runs’ (20.5.2021)
• How could you apply the Key
concepts of our course to the
situation described in the
article?
• Link to the article

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