
- Define (using graphs as approrpriate) the production possibilties curve (PPC) and related terms
- Explain how the PPC illustrates opportunity costs, trade-offs, inefficiency, efficiency, and economic growth or contraction under various conditions
- Examined production possibilities curves and what they represent
- Began "Understanding Graphs"
π Corresponding Reading
- Complete "Understanding Graphs" before class on T 16 Sep 2025, if necessary