Introduction

This Introduction gives the basics and background of Economics. I agree with Kathryn that some of this knowledge doesn't apply to us right now, but in a couple years we will need to know all of this information. With going to college soon we also need to know about it because we will be on our own and wont be under our parents roofs anymore. One thing that really stuck out to me was the last paragraph on the introduction saying that Economics is important for everyone to know and understand. Anyone that is living in the united states or anywhere should know the basics. If everyone knows the basics then in the long run we will all be better off.