Essays on Opportunity Cost

Opportunity Cost is a great first step in thinking like an economist. Money is finite. So you must be smart with it. Opportunity Cost is the thing that is staring you in the face everytime you make a decision. And its magnified every time you...

When making decisions in personal and professional lives, one must identify and compare opportunity costs. When comparing options, it is important to analyze every cost and other opportunities that one must give up. Choosing between taking an absence from work, moving out of town and...

Economics in “Opportunity Cost” The idea of Economics is present everywhere in our society. Through our lives, the things around us directly relate to our economy. Music is one of the many areas that play a large role in our lives. For me, the song...