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ECON1120 > Topic 1: Intro > Flashcards

Topic 1: Intro Flashcards

1
Q

Pollution

A

Industrial pollution decline (1980)

Pollution from agriculture increase (1980)

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2
Q

IUCN Red list

A

Least concern

Near threatened

Vulnerable

Endangered

Critically endangered

Extinct in wild

Extinct

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3
Q

Positive vs normative economics

A

Positive economics: predicts what will be; predicts outcomes

Normative economics: what should be; recommends strategies

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ECON1120 (17 decks)

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