After my travel abroad, I have to get back on track in academic life. I have to catch up with the course I am handling, especially Microeconomics.
Discussing with the students the idea of “thinking like an economist” is, in principle, a good one. Mankiw, the author of the reference book, opens their eyes and helps them to think of the world, in terms of scarcity, trade-offs, opportunity cost, and efficiency. Simplifying things, and even economic visualization, of complex issues, helps them to understand the role of the economist in society. Continue reading “Contemplating on “Thinking like an economist””