In a _______________________, consumers and producers largely determine what goods are produced, how they are produced, and who receives them through their decisions in the marketplace.

Which of the following situations best illustrates the concept of marginal thinking?

What is the primary distinction between the subjects of macroeconomics and microeconomics?

Most economic decisions require ___________________, which means weighing the additional benefits and costs of choosing slightly more or slightly less of something.  

Does this course include a comprehensive final exam?    

The doubling time of a population depends on the current size of the population.

From Digit, we learned about the hydrologic (i.e., water) cycle, the carbon cycle, the nitrogen cycle, and the phosphorous cycle. In doing so, we learned how humans can impact each of these cycles. Describe one way that humans impact two of these cycles (independently), and what the consequences to that environment are. Each (separate) description is worth 4.0 pts, for 8.0 pts total. For your answer, make sure to state which cycle you are referring to (e.g., oil cycle), how humans directly affect the cycle (e.g., burn tires), a description of the affected cycle (e.g., burning tires takes oxygen out of the water, which causes less rain), and a description of the side effects (e.g., consequently ocean pH rises). Answers must come from Digit.

I memorize definitions.

I listen to lecture once, and take notes.

THEN, I come back again later and pause at each slide, and explain to myself what that next section is about.