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1.
Discussion Question 1
Due Date: Day 2
(Main forum)
·
Post your response to the following: The principles of economics influence your
decision-making, interaction with others, and the economy as a whole. Provide
one example of how you are personally affected by each of the three areas. Are you
affected positively or negatively? Explain your reasoning. How do budget
constraints and personal preferences affect your choices as a consumer?
2.
Discussion Question 2
Due Date: Day 4 (Main forum)
·
Post your response to the following: Discuss similarities and differences in the
roles economists play as policy advisors and as scientists. How would advice
offered to policy makers differ depending on which role an economist assumes?
Define positive and normative analysis and use these terms in your answer.
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