This tutorial goes back to the basics. You are a hunter-gatherer with only so much time to hunt or gather. How do you allocate your time and energy to maximize your happiness? This is what we try to understand through our study of the production possibilities frontier and opportunity cost.
Production possibilities frontier
Tradeoffs for a hunter gatherer and the production possibilities frontier, and the notion of "ceteris paribus" (which means "everything else held equal").
Opportunity cost (and marginal cost) based on the PPF
Increasing opportunity cost
Why the opportunity cost may increase as you pursue more rabbits
Allocative efficiency and marginal benefit
Marginal Utility and maximization
Economic growth through investment
How investing for capital formation can expand the production possibilities frontier (PPF)