David Friedman:One view of economics is that it is the study of the economy. That suggests that if you are going to take one basic course, it should tell you things about the economy--how big it is, how it is measured, what "inflation rate" and "unemployment rate" and GNP and NNP and such mean. My impression is that most principles texts and courses are designed to do that.The other viewthe one I favoris that economics is an[...]
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[Source: The Money Blogs]
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