ten principles of economy 经济学十大原理

1.people face tradeoffs

2.the cost of something is what you give up to get it

3.rational people think at the margin

4.people respond to the incentives

5.trade can make everyone better off

6.market are usually a good way to organize economic activity

7.government can sometimes improve market outcomes

8.a country's standard of living depends on its ability to produce goods and services

9.prices rise when the government prints too much money 

10. society faces a short-run tradeoff between inflation and unemployment