Lesson 1.1 Glossary

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  1. effective (use of resources)
  2. priority
  3. consequence
  4. efficient (use of resources)
  5. economize
  6. economics
  7. social science
  8. stakeholder
  9. scientific method
  10. economy
  11. anlytical (or positive) economic
  12. normative (or policy) economics
  13. utility
  14. util


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