Slide 1Overview The Economic Way of Thinking Slide 2 The Theory of Economics does not furnish a body of settled conclusions immediately applicable to policy. It is a method…
1. The invisible hand – the workings of the price mechanism Adam Smith, one of the Founding Fathers of economics famously wrote of the “invisible hand of the price mechanism”.…
Macroeconomics Se Yan Guanghua School of Management Peking University Spring 2013 * Se Yan Email: [email protected] Office phone: 62757764 Office: Rm 402 of the new building…
Lecture 1 The Elements of Theory ■ Overview ► Microeconomic Theory Macroeconomic Theory Economic Principles for Managers (what is behind what we will study) 1. The Role…
The rise of The PHilippine Economy message from the president of bea The story of how the Philippines has flexed its economic mus- cles since 2012 is exceptional. Not only…