Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. This mind map introduces Economic Ideas.

What do Economists Know - Mind Map

Mind Maps have been produced to introduce topics and give students an overview of key topics being studied. The maps can be viewed as a whole page or, for those who prefer a more linear approach, as a text version.

View larger version of the mind map.

• Opportunity Cost
• Social Science
  
  • Fact
  • Opinion
  • Positive
  • Normative
• Economic Theories
  
  • Predictive?
  • Explanatory?
• Supply and Demand
  
  • Price Elasticity of Demand
  • Income Elasticity of Demand
• Engel's Law
• Comparative Advantage
  
  • Tariffs
  • Quotas
  • Free Trade
• Folk Economics
  
  • Novice
  • Expert
• Externalities
  
  • Congestion
  • Climate Change