Economics is a social science combines the virtues of politics and science e Its subject matter is society a. How people choose to leads their lives b How people interact with one another It approaches the subject with the dispassion of a science Methods of science, Questions of politics Economics tries to make progress on the fundamental challenges that all societies ace
Economics is a Social Science combines the virtues of politics and science • Its subject matter is society – a. How people choose to leads their lives – b. How people interact with one another • It approaches the subject with the dispassion of a science • Methods of science, Questions of politics • Economics tries to make progress on the fundamental challenges that all societies face
Classification of economics In china 政治经济学、经济思想史、经济史、西方经济学、世 界经济,人口资源与环境经济学,国民经济学、区域 经济学、财政学、金融学、产业经济学、国际贸易学、 劳动经济学、统计学、数量经济学、国防经济 In usa Microeconomics, macroeconomics, econometrics industrial organization, labor economics, finance public finance, international economics, development economics, comparative economics, political economics, law and economics, economic histor y o Primary, Intermediate, Advanced
Classification of Economics • In China – 政治经济学、经济思想史、经济史、西方经济学、世 界经济，人口资源与环境经济学，国民经济学、区域 经济学、财政学、金融学、产业经济学、国际贸易学、 劳动经济学、统计学、数量经济学、国防经济学 • In USA – Microeconomics, macroeconomics, econometrics, industrial organization, labor economics, finance, public finance, international economics, development economics, comparative economics, political economics, law and economics, economic history. • Primary, Intermediate, Advanced
Why Study Economics Economics is a study of mankind in the ordinary business of life by Alfred marshall o Economics will help you understand the world in which you live o Economics will make you a more astute participant in the economy o Economics will give you a better understanding of the potential and limits of economic policy
Why Study Economics Economics is a study of mankind in the ordinary business of life by Alfred Marshall • Economics will help you understand the world in which you live • Economics will make you a more astute participant in the economy • Economics will give you a better understanding of the potential and limits of economic policy