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AGEC 200 (18)
Lecture

2012.09.06 Intro.docx

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Department
Agricultural Economics
Course
AGEC 200
Professor
Anwar Naseem
Semester
Fall

Description
Macro whole econinterest rates fluctuation money supply growing economies MicroNot just demand and supply market structure how firms maximize profitsMinimum wage laws meant to increase wages of workersEconomists yes good idea but if have these will increase unemploymentHelping a few but hurting more peopletalk about laterGood thing but at what cost How high should min wage be thenWhy study economicsTo learn how to avoid being deceived by economists Joan Robinson o wo cannot understand and argue important public policy issuesMost economics that is usable for advising public policy islevel of an introductory undergraduate course Herb Stein o For understanding lots of issues in the world Why are food prices risingUseful tool that goes beyond just business side StarbucksShort size not on the menu WhyJust because not on menu
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