Introduction to Economics: Scarcity, Trade-offs & Core Economic Questions
Автор: QuantEcon Studio
Загружено: 2026-01-18
Просмотров: 15
Описание:
In this first video of the QuantEcon project, we introduce the fundamental concepts of economics that form the foundation of all economic thinking.
We explore why scarcity exists, how individuals and societies face trade-offs, and how opportunity cost shapes decision-making. The video also explains the Core Economic Questions (CEQ): what to produce, how to produce, and for whom to produce.
This theoretical introduction is designed for beginners and early-stage researchers who want to build a strong conceptual framework before moving into applied and quantitative economic analysis.
Topics covered:
• What economics studies
• Scarcity and limited resources
• Trade-offs in decision-making
• Opportunity cost
• Core Economic Questions (CEQ)
• Microeconomics vs Macroeconomics (introductory overview)
This video sets the intellectual foundation for future research-driven discussions in economics, finance, and the global economy.
Welcome to QuantEcon.
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