WHAT IS THE STUDY OF ECONOMICS?
Everyone uses economics, everyone is affected by economics but most people don't realise they're already economists.
“95% of economics is common sense” |
The test of our progress is not whether we add more to the abundance of those who have much it is whether we provide enough for those who have little. |
THE BOOM & BUSTUnderstanding that everyday events are part of something bigger is the first step to recognising the relevance of studying economics.
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Discovering the Economy
The economy is all around us, in fact we are it. But often, it can feel very distant; like it’s someone else’s business.
This booklet contains a set of tools to help you discover the economy around you. Use it in a classroom, in a group of friends, at a family gathering — anywhere you’d like. The tools are divided into three sections, based on how they’ll help you experience economics differently:
Identity: Find out how you feel about the economy, whether you identify with it at all, and all the
ways in which it fits into your life.
Understanding: Talking about the economy can be confusing, right? Get to grips with the jargon and
start piecing together what the economy really is.
Empowerment: We’re all part of the economy at the end of the day — which means we’ve all got the
power to shape it. How might you want the economy to change, and how could you do it?
Getting to grips with the economy is a journey, so jump right in and enjoy the ride!
Discovering the economy around you
This booklet contains a set of tools to help you discover the economy around you. Use it in a classroom, in a group of friends, at a family gathering — anywhere you’d like. The tools are divided into three sections, based on how they’ll help you experience economics differently:
Identity: Find out how you feel about the economy, whether you identify with it at all, and all the
ways in which it fits into your life.
Understanding: Talking about the economy can be confusing, right? Get to grips with the jargon and
start piecing together what the economy really is.
Empowerment: We’re all part of the economy at the end of the day — which means we’ve all got the
power to shape it. How might you want the economy to change, and how could you do it?
Getting to grips with the economy is a journey, so jump right in and enjoy the ride!
Discovering the economy around you
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