'Basic economic models' presentation slideshows

John B. Braden University of Illinois at Urbana-Champaign

750 views • 54 slides

John B. Braden University of Illinois at Urbana-Champaign

637 views • 54 slides

Thinking Like an Economist

Thinking Like an Economist. Lecturer: Jack Wu. IS THE ECONOMIST A SCIENTIST?. Economics = queen of social science (Only Nobel Prize in Economics) Economics in Business is like Physics in Engineering Economists = scientists Devise theories Collect data Analyze these data

431 views • 23 slides

Thinking Like an Economist

Thinking Like an Economist. Lecturer: Jack Wu. Economic Models. Economists use models to simplify reality in order to improve our understanding of the world Economists make assumptions in order to make the world easier to understand.

179 views • 17 slides