介绍四个经济学效应(英文).docxVIP

1 、Introduce some effect about economicGood afternoon, everyone ! We are group 5. In my presentation today We are going to talk about some effect about economic. We’ll be looking at 4 special and interesting effect to show in 8 minutes and We’ve divided our talk into 5 parts. Firstly, MeiMei will talk about The Butterfly Effect.What’s more, Caizhu will talk about The hedgehog effect.Furthermore, I will talk about The herd effectFinally, Guolin will talk about The Broken windows effect.Then, we will make a conclusion.Please interrupt is allow if you have any questions or if something is not clear or we’ll take questions and be happy to discuss our topic at the end of our presentation.Now, let’s start our first part. Let’s welcome Meimei to have a speech for you!2、The Butterfly EffectToday I would like to introduce an economic effect is the butterfly effect. I’ve divided my talk into four parts：definition，origin, application and conclusion.Firstly, I am going to talk about the definition of butterfly effect. As the saying goes, detail is everything. In our daily life, often there is such a case, a small thing can change the whole situation and the impact is enormous. What this case is it? We call it the butterfly effect. So, what is the butterfly effect? The butterfly effect refers to a dynamic system, small changes in initial conditions can bring huge long-term ripple effect throughout the system.Now, turning to origin. The word butterfly effect is of concern to the world through one scientific paper of the American meteorologist Edward. He proposed a butterfly flapping its wings gently in the tropical, can give a hurricane to a distant country caused.”It is interesting to notice that the butterfly effect is also widely used in economics, economists widely apply it to explain the complex interplay of global market. For example, in 1997, the devaluation of the Thai baht caused a financial crisis across Asia; in 2007, began in Americas subprime mortgage crisis led to a