Title: The Role of Self-Interest & Competition in a Market Economy (Audio Q&A)
Course: Alabama Economics Sample Syllabus > Section: Unit 7: Market Structures

Description: Adam Smith described self-interest and competition in a market economy as the "invisible hand" that guides the economy. This episode of Economic Lowdown  explains these concepts and their importance to our understanding of the economic system.

Estimated Completion Time: 10 minutes