Topic 1: The Big Questions

The first big question is: “How do choices end up determining what, how, and for whom goods and services get produced?” Take PAS as an example. The goods and services are the knowledge and skills that the teachers teach and pass down to the students. Pamela provides the school and hires teachers to produce the goods and services for the students. The teachers have good backgrounds and they "sell" their goods and services (knowledge) to us. The goods and services are produced for students. Ms. Pamela makes the choices governing what, how, and for whom these goods and services get produced.
The second big question is: “When do choices made in the pursuit of self-interest also promote the social interest?” Teachers are here to teach us because of self-interests (some for social interests). Their motivation or incentive is the salary they get at the end of each month. Students are here for self-interests too: they want to learn and get into a good college. Altogether, this becomes a social interest because it promotes and improves the education system in the country as a whole. This benefits the whole society because as the people in the  country become more well educated, the country becomes more developed.