CURIOUS CHOICES taught me ...
We learnt to make decisions like an economist. We also learnt a few of the fundamental concepts of economics, then saw them in action.
Concepts:
Let's listen to this 32 minute podcast and then recap 'Curious Choices'
Concepts:
- Opportunity cost
- Sunk cost fallacy
- Marginal benefit and marginal costs
- Market equilibrium
Let's listen to this 32 minute podcast and then recap 'Curious Choices'
NOW look at some facet of your life that you might not have thought was fundamentally economic. And look again. Now that you've listened, can you see market forces at work underpinning the decisions that people are making? Write about it in the padlet below.
