But this was real romance to me.

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

And macro economics is probably more guilty of it.

That's good.

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.

The topics range from math

a latticework on which to hang your ideas.

Economics is the study of economic mechanisms.

Remember when you went to flight school?

The bottom of the pyramid is benefiting hugely from technology.

What about religion, poverty, economics...?

He studied economics at college.

We can see that we can take this equation and it can apply to things in economics, or it can apply to things in finance or it can apply to things in computer science or logic or electrical engineering or anything accounting

COuld lead to more wealth, more, a larger pie for everyone.

We have this view of ourselves, of others.

But this does not apply the other way around.

Westerners own two thirds of its wealth.

Here's another one.

My employer an economist.

Here's a guy you all need to study.

WOMAN OVER P.A. Regina Airlines.

You betcha. ( tense theme playing ) Trans Western Airlines announces the arrival of flight number 5, nonstop jetliner from New York,

All aboard, please. Trans Western Airlines... ( coughs ) ...announces the arrival of flight number 5, nonstop jetliner from Los Angeles, at Gate 17.

Airline tickets for you and Sara.

So this is exactly what I did.

He is a great authority on economics.

He is a great authority on economics.

Instead, what we saw is a lot of people who cheat a little bit.

Regardless of the outcome, the pure act of anticipation makes us happy.

And they see a 20 bill.

And we call that M1.

Great.

The laws of nature are written in the language of calculus.

What I would like to see is idealism decoupled from all constraints.

Well there's a couple of ways to do it.

I major in economics.

I'm majoring in economics.

He is a professor of economics at Hyogo University.

Hope you have a good trip. ( coughs ) ( people chattering )

Tom is majoring in economics.

They really cared about their monkey token dollar.

And now you want me to give up this money and ship it to a stranger?

Make a decision and give me some blood.