Session-1-Introduction公开课完整版.pptxVIP

IntroductionofeconomicsPresentedbyQinruGong(Blossom)

AboutMeUndergraduate(3.98/4.00):PennsylvaniaStateUniversity,UniversityParkCampusMajorinEconomicsandminorinbusinessGraduate(3.60/4.00):JohnsHopkinsUniversityMajorinBusinessAnalyticsandRiskManagement

YourTurnsWhataboutyou?Tellussomefunfactsaboutyou!Introduceyourselfalittlebit,suchashobbies,favoritethings…

SomeRulesNosleeping!Nochatting!Noeating!Finishhomeworkontime!Respectyourteacherandyourclassmates!Bewillingtospeakandshareyourideas!DonotopenyourcomputerunlessIallowyouto!

QuestionsWhatdoyouknowaboutEconomics?WhensomeonementionsEconomics,whatwillcometoyourmind?

VideoTimeWhatisEconomics?Link:/watch?v=2YULdjmg3o0

VideoReflectionThedefinitionofEconomicsPositiveEconomicsVSNormativeEconomicsMicroeconomicsVSMacroeconomicsVSEconometricsVarioususers

TheDefinitionofEconomicsThestudyoftheuseofscarceresourcesthathavealternativeuses.Howbesttoallocatescarceresourcesinordertosatisfypeople’sunlimitedneedsandwants.

PositiveEconomicsVSNormativeEconomicsPositiveEconomicsNormativeEconomicsWhatis?Whatoughttobe?Describethewaythingsare.Addressthewaythingsshouldbe.NovaluejudgementsValuejudgementseg:Theinflationratewas2.39%in2020.eg:Peopleshouldsavemoremoney.

MicroeconomicsVSMacroVSEconometricsMicroeconomics:firms/householdsMacroeconomics:thewholecountryEconometrics:math-basedanalysis,linearregression,variables…

ThreeEconomicAgentsIndividualsorhouseholdsFirms/companiesThegovernment

ThreeBasicEconomicQuestionsWhattoproduce?Howtoproduceit?Forwhomtoproduceit?

GoodsServicesGoods:physicalitemsthatcanbeproduced,boughtandsoldServices:non-physicalitemsthatcanbeprovidedbyfirmsandpaidforbycustomersGivemesomeexamplesabouteach!

PrivateSectorVSPublicSectorPrivatesector:referstoeconomicactivity(providinggoodsandserv