Microeconomics .. and those actors could be firms, could be people, it could be households.

THE ENVlRONMENT INFLUENCE

And we've heard a lot about how economies function.

How much do you prefer a first born son?

Simple economics.

That is

a latticework on which to hang your ideas.

Then the other thing happened.

They wanted us to be concerned about social issues.

We were having negative per capita growth.

The lowest percentage of entrepreneurs starting businesses.

On paper the country was doing great.

Then the economy boom!

A nice thing. If you haven't seen it yet, come and experience the Solidarity Economy.

And macro economics is probably more guilty of it.

With the Put Out system?

Let us take a look at the world situation today.

Economic development forum.

Inin energy, and logistics, and finance.

Whether it's national economics, family economics, or personal economics, it's not something where sloppy accounting is good enough.

Economics is the study of economic mechanisms.

But today, finally, after economic reforms, and economic growth,

The U.S. is a service economy.

The bottom of the pyramid is benefiting hugely from technology.

In other words at some point when we've recovered we go up to the peak.

Flooding the laotian market with counterfeit kip

Economic games. So what we do is we go into two areas.

Econometrics package

Von Mises, interestingly, believes economics is just a subset of psychology.

In the 1990s, North Korea lost its old mentor, the Soviet Union.

The topics range from math

No, I'm agreeing with you, but I went through all this with Walt.

But this does not apply the other way around.

Twice the number of cash transfer households started new economic activity compared to not cash households.

He is an expert in economics.

And you see this all the time in the modern world.

Look, Bangladesh catching up with India.

Investment has to be a different beast.

My employer an economist.

And they see a 20 bill.

And notice, the money supply at least as we defined it with this M1

Here's the overall picture.

Well the economy, you know, so....

Economic meltdown.

And the United States up there is getting for longer life, keeping family size.