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2min chapter
S E52: Useful Economics in Everyday Life
Think Like An Economist
How to Think Like an Economist When You're a Student
Economists often assume their students are going to go into policy. Most of us, though, even if we're not advising presidents, are taking part in the economy while we're studying. Weare consumers of goods and services, including education, also housing and food. Our students make decisions on whether to buy imported products or high tech equipment from japan or korea. And when you hire people to help you out, you'll also be demanding labor too.
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