Thinking Like an Economist for Everyone
Mastering the Art of Economic Decision-Making: A Journey Through Economics Thinking and Real-World Applications
4.55 (79 reviews)
508
students
1.5 hours
content
Nov 2024
last update
$13.99
regular price
What you will learn
The Economist's Perspective: Understand how economists function as scientists & policy advisors, applying systematic and methodical thinking to economic issues.
Scientific Approach in Economics: Explore how economists use the scientific method for research and analysis, similar to disciplines like physics and biology.
Assumptions & Models: The importance of assumptions & models in simplifying complex economic phenomena, & learn to apply these concepts to real-world situations
Microeconomics vs. Macroeconomics: Gain an understanding of the differences and interconnections between microeconomics & macroeconomics.
Economists as Policy Makers: Learn how to make informed decisions and analyze economic policies using principles of economics.
Economic Policy in Action: Examine real-life case studies showing the interaction of economics and politics, & the challenges in implementing economic policies.
Positive vs. Normative Analysis: Understand the difference between positive statements (descriptive) and normative statements (prescriptive) in economics.
Graphing and Data Interpretation: Master the art of using graphs to represent economic data & relationships, & learn to avoid common pitfalls in interpretation.
Exploring Economic Growth and Trade-offs: Study key concepts like the Production Possibilities Frontier to understand economic trade-offs, efficiency, & growth.
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5728402
udemy ID
25/12/2023
course created date
18/02/2024
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