My Top Ten List Whatever the question, always answer, “There’s no such thing as a free lunch.” Defend a decision by declaring, “It was worth the opportunity cost .” Whether you like or dislike government, point to, “The power of the market .” Explain a love of low prices with, “It’s the law of demand .” Explain high prices with, “It’s the law of supply .” More items...
It is impossible to establish an objective value system for all people. For example, you can't just declare that a chair is objectively worth $5. ... People from different cultures around the world may view self-interest differently. ... This idea is known as the subjective theory of value. ...
When economists make positive statements, they are more likely to be acting as scientists. True or False? True. Normative statements can be refuted with evidence. True or False? False; normative statements cannot be refuted. Most economists believe that tariffs and import quotas usually reduce general economic welfare.
The Economist is an excellent brand to work for. The company is international and you feel a part of the global community being there. The publication is respected internationally and they are very forward thinking with regards to positions and roles and connecting with customers.
pdf for "economists speaking like policy advisers make".(Page 1 of about 17 results)