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S E2: Core Principle 1 - The Cost-Benefit Principle - The Pros & Cons

Think Like An Economist

CHAPTER

What Are the Cor Principles?

Think like an economist can be boiled down to four big ideas that together form the building blocks of good decision making. The secret to economics isn't learning these principles, it's learning to apply them. So what are the cor principles? We'll quickly list these for you before delving in.

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