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S E52: Useful Economics in Everyday Life

Think Like An Economist

CHAPTER

The Tools of Economics Can Help You Make Good Decisions

Every single choice has an opportunity cost, and i think that's why economists emphasize opportunity costs so much. But i do think the tools of economics, because they make you more organized, can help you make good decisions quicker. Letsee, justin this is all really useful. This has been great fun. It's been fun talking with you about economics. Now, anna comes at a low opportunity cost, a high benefit. If i were thinking of the margin, i might stop this conversation soon. But there's three of us on the line, so there's a lot of independents here too. Please make him stop. I agree with everything betsy just said, but it may

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