The story of economics

The story of economics

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Storyboard Description

A short story to get you to know economics the best.

Storyboard Text

  • Whats is economics? 
  • Economics is the scientific study of how individuals have unlimited needs and wants with limited resources  
  • Do you like cash, credit, or debit?
  • I like cash ready to go so I can buy what I want. 
  • Because credit is money you will have to pay back later and pay more than what you used. 
  • You know those shoes you're wearing are part of a physical capital
  • Because something in the factory is making it. 
  • They are!! How?
  • Lets go somewhere to eat. 
  • OK because this basketball is wearing me out. 
  • Isn't your dad a entrepreneur. 
  • Yup. And my mom is is a chef and that's part of labor.
  • They must have a scarcity on water and resources. 
  • Right there is a big drought in California. 
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