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Why Economics?

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It s ALL economics Dating Playing Sports Disaster Response World Peace Let s ask an eminent economist What question does P.J. O Rourke raise as central to ... – PowerPoint PPT presentation

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Title: Why Economics?


1
Why Economics?
  • M. Padula
  • DP Economics
  • August 2011

2
What is Economics?
  • The dismal science
  • Common sense made difficult
  • Economics is extremely useful as a form of
    employment for economists
  • (John Kenneth Galbraith)
  • An economist is a man who states the obvious in
    terms of the incomprehensible.(Alfred A. Knopf)

3
What is it, really?
  • NOT just about MONEY!
  • About LIFE ALL of life.
  • Its ALL economics
  • Dating
  • Playing Sports
  • Disaster Response
  • World Peace

4
Lets ask an eminent economist
  • What question does P.J. ORourke raise as central
    to his interest in Economics?

5
Why study Economics?
  • What rationale for studying Economics do you
    discover in these readings?

6
What is the DP Economics experience?
  • Syllabus contains five (really four) sections
  • Section 0 Introduction
  • Section 1 Microeconomics
  • Section 2 Macroeconomics
  • Section 3 International Economics
  • Section 4 Development Economics

7
How am I assessed?
  • HL Students Three essay exams
  • (Worth 80 of your final grade)
  • SL Students Two essay exams
  • (Worth 80 of your final grade)
  • All Students Internal Assessment
  • (3 commentaries 20 of final grade)

8
How will I learn?
  • Reading (Independent and Class)
  • Teacher Instruction / Review
  • Discussion / Debate
  • Book / Article Discussion Circles
  • Projects
  • Response Papers
  • Practice Exams

9
Why do you want to take DP Economics?
  • Want is a growing giant, the coat of Have was
    never large enough to cover.
  • Ralph Waldo Emerson, The Conduct of Life, 1860
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