1) Think about a tradeoff associated with taking college classes and pursuing a degree. What kinds of things do you trade off to take classes and do homework?

2) What are the main differences between microeconomics and macroeconomics? What are some examples of these differences?

3) The concept of free trade and comparative advantage are especially relevant today. Think of something the United States produces better than anyone else and think of a product another country produces better than anyone else. Do you think other countries should produce their own versions of those products or is it better to trade in this instance?

4) Do you think supply and demand should dictate prices or should there be something else that influences that? Why?