Uploaded August 2023 | Updated September 2026, 1 week ago

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Join Professor Matt Hill as he walks you through the classroom slides of Day 1: "Decision Making" from MRU's free "Intro to Economics" unit plan. Get the unit plan here: mru.io/s34

"Decision Making" Learning Objectives:
- Discuss how differences in opportunity cost explain everyday choices.
- Define economics as the study of infinite wants and limited resources.
- Identify sunk costs.
- Apply marginal thinking to everyday decision making.