PPT-Introduction to Economics: Social Issues and Economic Think

Wendy A Stock PowerPoint Prepared by Z Pan Chapter 12 Immigration and the International Trade of Labor Copyright 2013 John Wiley amp Sons Inc Photo Credit OMAR TORRESAFP GettyImages. 1. Behavioral Economics. The model of economic behavior we have considered . in this course is . restrictive in a number of ways. Economic agents are assumed to be perfectly rational. Agents are assumed to perfectly understand risk and uncertainty. Wendy A. Stock. PowerPoint Prepared by . Z. Pan. Chapter 2. production possibilities. Copyright © 2013 John Wiley & Sons, Inc. . / Photo Credit: Pedro Portal/©AP/Wide World Photos. Explain . the importance of models in economics. Objectives. To understand the concept ceteris paribus. To understand the difference between positive and normative statements. Homework: Explain the difference between positive and normative statements using examples from a current article of your choice.. History of Economic Thought. Transparencies. Set 1. What is it?. “…the history of the intellectual efforts that men have made in order to understand economic phenomena…”. Why study it?. “Current work, so one would think, will preserve whatever is still useful of the work of preceding generations … Why then should we go back to old authors and rehearse outmoded views? Cannot the old stuff be safely left to the care of a few specialists who love it for its own sake? ” . Wendy A. Stock. PowerPoint Prepared by . Z. Pan. Chapter 11. International Trade of Goods. Copyright © 2013 John Wiley & Sons, Inc. / Photo Credit: ©Lee . Pettet. /. iStockphoto. Discuss . the extent of U.S. international trade. Objectives. To understand the concept ceteris paribus. To understand the difference between positive and normative statements. ‘. Free school meals for children at infant school will reduce the cost burden in the future for the NHS’. . Wendy A. Stock. PowerPoint Prepared by . Z. Pan. Chapter 5. Elasticity. Copyright © 2013 John Wiley & Sons, Inc. . / Photo Credit: ©. Katja. Bone/. iStockphoto. . Define . elasticity. . Classify . (. 31505391). By . Hatim. . Jaber. MD MPH JBCM PhD. 29-01-2018. Presentation outline. Time. Introduction to course . 31505391. 08:00. to 08:20. Health as social and economic issue.. 08:20. Behavioral Economics and Development Chapter prepared for the Handbook of Behavioral Economics (Vol 2) Michael Kremer, Gautam Rao and Frank Schilbach Harvard University, MIT and NBER 1 2 Historical views of development: a. “Aside from Religion, economics is perhaps the most . pervasive yet least understood force in American life.”. Jon Meacham – Editor, Newsweek Magazine. September 24, 2007. After studying this chapter, you will be able to:. Week -1. Prepared by: Dr . Waqar. Ahmad, . Asstt. . Prof.. Learning Objectives. What is Economics?. What is managerial Economics?. To analyze the concept of economics- scarcity and efficiency?. Micro Economics and macro economics?. Understand the expectations and policies of this class by reviewing the course syllabus. Brainstorm with a partner knowledge about economics that you might already have, as well as questions you have about the subject.. Welfare economics is concerned with the evaluation of alternative economic situations (states, configurations) from the point of view of the society’s well being. . Suppose the total welfare in a country is W, but given the factor endowments and... Exploring new economics in practice. Rachel Laurence | Local Economies Co-ordinator. rachel.laurence@neweconomics.org. | 0207 820 6397. www.neweconomics.org. Extensive past work on approaches to Local Economies includes:.