# data[].attributes.attachment_link.title
APMac and APMic Unit 1 Lessons 1 and 2 - Ten Economic Principles and Five Economic Issues

# data[].attributes.attachment_link.description
Start studying APMac and APMic Unit 1 Lessons 1 and 2 - Ten Economic Principles and Five Economic Issues. Learn vocabulary, terms, and more with flashcards, games, and other study tools.

# data[].attributes.body
We will learn five important lessons that will help us move forward in our studies:

The difference between microeconomics and macroeconomics.

The difference between positive and normative statements.

Identification of the factors of production.

Identification of the types of economies.

The uses and limitations of models.

# data[].attributes.attachment_link.title
Trevor Noah: African American - Sports in America

# data[].attributes.body
1. What is the difference between microeconomics and macroeconomics?

2. What is the difference between normative and positive statements?

3. What do we need to produce good and services for others?

4. What are the three economic questions every person must answer?

5. Why do we use models in Economics? What are the limits of models?