This discussion assignment is to address the ten principles

This discussion assignment is to address the ten principles of economics by definition and more importantly how they impact the lives of you and your community. As you address each of these principles please feel free to use your own experiences in the current US economy, as examples of these principles in real life applications.

Solution

Answer:

Economics is used in our daily life from earning money to spending it. Being economics students we can easily analyse our daily actives through economic principles. The ten principles of economics are as followings: