Tuesday, May 26, 2009
Economics Or Economics
The recent crisis in our world's economy has offered a great opportunity to instruct students while live applications occur. It is also a great time to reflect on how Economics is much more than the study of money. Though the fundamentals of our macro system have stumbled, this has pointed out the basic concept of consequence rooted in Economics. It has also illuminated the need for regulation and the flaws existent in markets. We may question the soundness of our economy but the components of Economics are unshaken. By clicking the title above you will access a great article establishing the fact but also pointing out that the teaching of introductory Economics has required a few tweaks from recent events.
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