Chapter 1: Thinking Like an Economist

Sep 22, 2012

150 likes | 399 Views

Share Presentation

Embed Code

Link

joyceta

Download Presentation

Chapter 1: Thinking Like an Economist

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

1. Chapter 1: Thinking Like an Economist

Thinking Like an Economist

Thinking Like an Economist. Philosophy of This Course. Focus on covering the core ideas of economics rather than covering many topics superficially – chances are, you’re not going to be economists … Encourage active learning--one must do and see economics in order to learn it

652 views • 42 slides

Thinking Like An Economist

2. Thinking Like An Economist. E conomics. P R I N C I P L E S O F. N. Gregory Mankiw. In this chapter, look for the answers to these questions:. What are economists’ two roles? How do they differ? What are models? How do economists use them?

837 views • 33 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

444 views • 23 slides

Thinking Like An Economist

Thinking Like An Economist. Economics: Studying Choice In a World of Scarcity. The Scarcity Principle Boundless wants cannot be satisfied with limited resources. Therefore, having more of one thing usually means having less of another. Because of scarcity we must make choices. Scarcity.

426 views • 17 slides

Thinking Like An Economist

Thinking Like An Economist. CHAPTER 2. In this chapter, look for the answers to these questions:. What are economists’ two roles? How do they differ? What are models? How do economists use them?

455 views • 25 slides

Thinking Like An Economist

2. Thinking Like An Economist. E conomics. E S S E N T I A L S O F. N. Gregory Mankiw. Premium PowerPoint Slides by Ron Cronovich. The Economist as Scientist. Economists play two roles: 1. Scientists: try to explain the world 2. Policy advisors: try to improve it

650 views • 34 slides

Thinking Like An Economist

2. Thinking Like An Economist. E conomics. P R I N C I P L E S O F. N. Gregory Mankiw. Premium PowerPoint Slides by Ron Cronovich. In this chapter, look for the answers to these questions:. What are economists’ two roles? How do they differ?

945 views • 40 slides

Thinking Like an Economist

Thinking Like an Economist. Economics trains us to think in terms of alternatives , cost of choices, and provides insights on how certain issues are related Economists think both like scientists and policy makers.

726 views • 11 slides

Thinking Like An Economist

2. Thinking Like An Economist. E conomics. E S S E N T I A L S O F. N. Gregory Mankiw. Premium PowerPoint Slides by Ron Cronovich. In this chapter, look for the answers to these questions:. What are economists’ two roles? How do they differ?

558 views • 40 slides

Thinking Like an Economist

Thinking Like an Economist. Chapter 2. Economics trains you to. Be mindful about the choices that you make. Evaluate the cost of individual and social choices. Examine and understand how certain events and issues are related.

388 views • 21 slides

Thinking Like an Economist

Thinking Like an Economist. The Study of Economics. Economics is the study of how society manages its scarce resources. Scarcity: If resources were not scarce there would be no need for economics!

316 views • 21 slides

Thinking Like An Economist

P R I N C I P L E S O F. F O U R T H E D I T I O N. Thinking Like An Economist. 2. In this chapter, look for the answers to these questions:. What are economists’ two roles? How do they differ? What are models? How do economists use models?

660 views • 40 slides

Thinking Like an Economist

Thinking Like an Economist. Basic Questions: Macro. Macroeconomic Questions How can sufficient growth be attained so that the well being of society increases? How should productive capacity be utilized so that there will be full employment with stable prices?. The Economy as a Circular Flow.

568 views • 40 slides

Chapter 1 Thinking Like An Economist

Chapter 1 Thinking Like An Economist. Chapter 1, Opportunity Cost Q.1.

403 views • 26 slides

Thinking Like An Economist

2. Thinking Like An Economist. M icroeonomics. P R I N C I P L E S O F. N. Gregory Mankiw. Premium PowerPoint Slides by Ron Cronovich. In this chapter, look for the answers to these questions:. What are economists’ two roles? How do they differ?

519 views • 40 slides

Thinking Like An Economist

2. Thinking Like An Economist. M acroeconomics. P R I N C I P L E S O F. N. Gregory Mankiw. Premium PowerPoint Slides by Ron Cronovich. In this chapter, look for the answers to these questions:. What are economists’ two roles? How do they differ?

473 views • 44 slides

Thinking Like an Economist

Thinking Like an Economist. what is Economics. Thinking Like an Economist. Economists: People who specialize in economics People who have extensive knowledge in economics http://nobelprize.org/nobel_prizes/economics/laureates/ Economics: Subject about the economy Economy:

222 views • 18 slides

Thinking Like An Economist

556 views • 44 slides

Thinking Like An Economist

Thinking Like An Economist. Introduction. What is the Optimal Class Size? To maximize learning without consideration of cost? How would considering costs change our answer? A personal tutorial course in economics might cost $40,000 A class of 300 students might cost $200/student.

485 views • 45 slides

Thinking Like an Economist

2. Thinking Like an Economist. The Economist as a Scientist. Economics = science Economists = scientists Devise theories Collect data Analyze these data Verify or refute their theories Scientific method Dispassionate development and testing of theories about how the world works.

405 views • 38 slides

Thinking Like An Economist

392 views • 35 slides

Thinking Like an Economist

251 views • 21 slides

More Related