AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
The Role of Economists in Analyzing Economic Activity
This chapter discusses the role of economists in analyzing economic activity and dispels misconceptions about their ability to forecast the future. The speaker highlights the importance of a functioning economy in generating resources for funding various sectors and explores the impact of inflation on people's lives and behavior. They also discuss the role of the central bank and government in managing these effects and provide a brief analysis of the current world economic situation.