Where to begin?

posted by
September 6, 2011
Foundation for Economic Education
by Sandy Ikeda  
Posted in Commentary

"Choosing the right unit of analysis to tackle a problem is important in any scientific discipline. Economics offers a good example in its distinction between macroeconomics and microeconomics. One of the first things I have to disabuse my students of in introductory microeconomics is the belief that microeconomics is about the 'little picture,' while macroeconomics is about the 'big picture.'" (09/06/11)


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