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ECONOMY COMIC PT 1

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ECONOMY COMIC PT 1
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  • In economy class, Ruby, the teacher told the students to do a work after the christmas holidays.
  • Rue, her friend, has been sick two weeks and wasn´t able to go to school, so Vega called her and proposed an idea.
  • Hello Rue! I was thinking about the economy project and I thought it would be a good idea for us to meet one day and explain the unit to you
  • When Rue started to feel better, they meet in the Guiness Storehouse, a famous factory museum of beer in Ireland.
  • It means that here cames the different inputs (materials) and with the different tecnologies they became outputs.
  • Here happens the transformation process part.
  • What does it mean?
  • In this case, the malt, water, hops and the yeast are the inputs, and the guiness beer the output.
  • I still don´t understand... what are the inputs or outputs in this case?
  • Ohh I think I understand now.
  • Another day they met in Vega´s house and started to study again.
  • The PPF, do you know what is that?
  • Yes! It is!
  • I guess so, it´s the boundary between goods and services that can be produced or not. Isn´t it?
  • I don´t know what means economic growth.Could you explain it to me?
  • Of course, it is when the production posibility expands.
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