General Introduction
Topics in Economics, ESCP, 2023-2024
Topics in Economics
About myself
- Professional experience
- IMF
- Bank of England
- Teaching
- ESCP Business School
- Ecole Polytechnique
- Research
- inequalities
- international finance
- monetary policy
- computational economics
- artificial intelligence
This course
- Start with hot topics
- e.g. ChatGPT, job market, ecological transition, …
- Connect with economic theories and concepts
- they appear in bold
- make sure you understand their meaning
- Try to think outside of the box
Pressing Topics…
How do you define “Economics” ?
Wikipedia
Economics is a social science that studies the production, distribution, and consumption of goods and services.
. . .
American Economic Association
It can be defined in different ways. It’s the study of scarcity, the study of how people use resources and respond to incentives, or the study of decision-making. It often involves topics like wealth and finance, but it’s not all about money.
. . .
Redux
Economics studies people’s decisions and interactions, usually through markets but not always
. . .
Check AEA website and research highlights for many examples of economic applications.
Logistics
- Evaluation
- group work (40%)
- record a 5 min video developing one particular point of the course
- final exam (in-class) (60%)
- mcq on econ concepts
- very short essay based on documents
- ongoing (up to 20% bonus/malus)
- participation & behaviour
- mini-tasks if any
- group work (40%)
