what is economics
DESCRIPTION
Another go at explaining economics to studentsTRANSCRIPT
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What is Economics?
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3 Parts
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Macroeconomics
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Systems Perspective
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Employment
Welfare
Stability
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“Who Cares?
”
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You Do.
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Development
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Globalisation
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Growth
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Technology
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Exchange Rates
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Microeconomics
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Microeconomics
“Study of Individual Choice”
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IndividualChoice
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Consumption & Saving
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Budgeting
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Interesting Question:
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“What’s the wage premium on being really, really good
looking?”
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12%
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What does that mean?
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Average guy: €2m over 40 years
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Good looking guy: €4.6m
over 40 years!
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CHING!
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Welfare
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Econometrics
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Tools
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Marketable Skills
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How Hard is Economics?
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Not too hard, but...
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You’ll make Money!
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What kind of Job can I get?
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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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ul.ie/business/economics
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