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经济学甲笔记
Chapter 1 What is Economics?
Definition of Economics
All economic question and problems arise from Scarcity
Must choose along alternatives
Economics: a science of choice, how choices are made to cope with scarcity
8 Big Ideas of Economics
Choice, Tradeoff, and Opportunity Cost
Opportunity cost is the highest-valued alternative we give up to get something
Margins and Incentives
Margin:
Marginal Cost, Marginal Benefit: the whole point of deciding near the margin
Incentive: inducement to take a particular action, can be carrot or stick
Voluntary Exchange and Efficient Markets
Voluntary Exchange: 雙方答應就交換了 ex: money for a basket of vegetable
Efficient: 因為會把資源分配到最需要(價格最高)的地方
Market: where exchange takes place
Market economy vs command economy(soviet union)
Market Failure
有些情況,政府還是要出面,以免造成market failure
a. 獨佔事業拉台價格
b. 廠商不考慮pollution等對於公共財產的危害
c. 國防預算等…沒人想自願出,只好由政府出面
Expenditure, Income, and the Value of Production
Economy as a whole, expenditure = income = value of production
Living Standards and Productivity Growth
Living standards improve when production per person increases
Increase in population increases net production, not average production
價格上揚,會使勞工收入增加,只是增加的剛好拿來支付物品漲價的錢
Inflation, a Monetary Problem
Inflation: money increasing faster then production
用的好可以: 增加產量和就業機會 (因為公司又有一點資金)
用過頭: inflation orz
Unemployment: Productive and Wasteful
Productive: 當公司尋找對的人,人尋找對的公司時,造成的失業是有助於經濟成長
Wasteful: 因為技能不足or被裁員的失業
What Economists Do
Microeconomics: 研究個人或者公司做的決定,和他們這些決定所引起的互動
Macroeconomics: 研究國家&全球經濟。注重average price and total employment, income, production
Cetebris paribus: Other things remain the same
Fallacy of Composition: 個體行為的效果加總不一定=整體效果 and vice versa
Post Hoc Fallacy: A比B先發生,不代表A導致B
Chapter 2 Reading Graphs
There are 3 kinds of lies “lies, damned lies, and statistics”
Chapter 3 The Economic Problem
Resource and Wants
Limited resources + unlimited wants = scarcity
Economics is the study of the choices people make to cope with scarcity
Resources, Production Possib
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