Adjust your family’s yearly budget to accommodate changes in income and expenditures. Apply what you have learned to discuss economic trends that affected budgetary changes and explain why you made certain budget decisions.

 

 

 

Introduction

 

What Is Economics?

 

What does the price of bread have to do with international relations? How do you know if it’s the right time to buy a new computer or look for a new job? Should you save your holiday bonus or spend it?