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  • Djavad Salehi-Isfahani Virginia Tech: Introduction: Preliminaries and Why Study Economics?

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    Tiffany Tran
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    The document appears to be notes from an economics lecture. It introduces the class and discusses preliminaries like the syllabus and Scholar program. It poses iClicker questions to students about the type of device they have, their expected grade, and year in school. The lecture encourages students to succeed by being curious, attending class, taking notes, doing homework, and reading. It discusses why studying economics is important for understanding how the world works and participating in policy debates. Examples of policy topics that could be analyzed are given, like the State of the Union address, differences in countries' incomes, and factors that could explain income gaps between occupations in different countries.

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    Virginia Tech ECON 2005 Lecture 1

    Original Title

    Lecture 1

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    The document appears to be notes from an economics lecture. It introduces the class and discusses preliminaries like the syllabus and Scholar program. It poses iClicker questions to students about the type of device they have, their expected grade, and year in school. The lecture encourages students to succeed by being curious, attending class, taking notes, doing homework, and reading. It discusses why studying economics is important for understanding how the world works and participating in policy debates. Examples of policy topics that could be analyzed are given, like the State of the Union address, differences in countries' incomes, and factors that could explain income gaps between occupations in different countries.

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    © All Rights Reserved
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    15 views11 pages

    Djavad Salehi-Isfahani Virginia Tech: Introduction: Preliminaries and Why Study Economics?

    Uploaded by

    Tiffany Tran
    The document appears to be notes from an economics lecture. It introduces the class and discusses preliminaries like the syllabus and Scholar program. It poses iClicker questions to students about the type of device they have, their expected grade, and year in school. The lecture encourages students to succeed by being curious, attending class, taking notes, doing homework, and reading. It discusses why studying economics is important for understanding how the world works and participating in policy debates. Examples of policy topics that could be analyzed are given, like the State of the Union address, differences in countries' incomes, and factors that could explain income gaps between occupations in different countries.

    Copyright:

    © All Rights Reserved
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    of 11

    Lecture 1

    Introduction: preliminaries and why


    study economics?

    Djavad Salehi-Isfahani
    Virginia Tech

    7/5/15

    Salehi-Isfahani Econ 2005

    Preliminaries

    Scholar
    Aplia
    iClicker
    Syllabus
    Computers in class

    7/5/15

    Salehi-Isfahani Econ 2005

    iClicker question
    All responses today are anonymous,
    not graded
    Type of device:
    A. Remote
    B. iClicker GO

    7/5/15

    Salehi-Isfahani Econ 2005

    iClicker question
    What grade do you expect in this
    class (anonymous response)?
    A
    B
    C
    D
    F!

    7/5/15

    Salehi-Isfahani Econ 2005

    How to succeed in this class

    Be curious
    Attend class
    Take notes
    Do homework
    Read text

    7/5/15

    Salehi-Isfahani Econ 2005

    iClicker question
    Your class
    A. Freshman
    B. Sophomore
    C. Junior
    D. Senior

    7/5/15

    Salehi-Isfahani Econ 2005

    Why study economics


    Cool subject, combines important
    questions with rigorous analysis
    Satisfy your curiosity about how the
    world works
    Be an informed citizen, understand
    and participate in public policy
    debates

    7/5/15

    Salehi-Isfahani Econ 2005

    Policy analysis, large and


    small
    State of the Union speech
    Why are some countries poor, others
    rich?
    Should everyone go to college?
    Will the oil price remain low?
    Duty free scam

    7/5/15

    Salehi-Isfahani Econ 2005

    State of the Union speech


    The President called on Congress to
    make community college free,
    enhance tax credits for education
    and child care, and impose new taxes
    and fees on high-income earners and
    large financial institutions.
    Iclicker: Did you watch the speech?
    A. Yes
    B. No
    7/5/15

    Salehi-Isfahani Econ 2005

    7/5/15

    Rickshaw drivers
    in Delhi earn
    about $3000 per
    year, NYC cab
    drivers around

    Salehi-Isfahani Econ 2005

    10

    What explains the income


    gap?
    iClicker:
    A.
    B.
    C.
    D.

    7/5/15

    Education
    National income per capita
    Quality of the vehicle
    Price of petrol

    Salehi-Isfahani Econ 2005

    11

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