What is Economics?

What is Economics?

3 Parts

Macroeconomics

Systems Perspective

Employment

Welfare

Stability

“Who Cares?

”

You Do.

Development

Globalisation

Growth

Technology

Exchange Rates

Microeconomics

Microeconomics

“Study of Individual Choice”

IndividualChoice

Consumption & Saving

Budgeting

Interesting Question:

“What’s the wage premium on being really, really good

looking?”

12%

What does that mean?

Average guy: €2m over 40 years

Good looking guy: €4.6m

over 40 years!

CHING!

Welfare

Econometrics

Tools

Marketable Skills

How Hard is Economics?

Not too hard, but...

You’ll make Money!

What kind of Job can I get?

Banking and Financial Services

Bank Management

Loan OfficerBank Examiner

Commodities/Stock Broker

Economic Forecaster

Credit Accounting

Securities Analyst

Pension Funds AdministratorPortfolio Administrator

Commercial Credit Analyst

Communications

Technical Writer

Journalist/Columnist

Government

Regional/Urban Planner

Foreign Service Officer

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