Instructions and Steps:
1. View the following 3 TED Talks (video presentations). As you watch the videos, take notes of any relevant information.
2. Decide which of the 3 TED Talks best responds to this question;
3. Produce a Post of at least 300 words in which you explain your position. Your post must contain at least the following elements:
Your grade will be based on how clear, precise, accurate, relevant and logical your post is and if it was turned in on time. Things such as the name of the video, the name of the presenter, your name, the questions, citation, and date do not count towards the word count.
You must start a thread before you can read and reply to other threads
Economics is an enormous field. The term economics is the broader term, however within this, there are additional fields such as microeconomics and macroeconomics. The difference between microeconomics and macroeconomics is analogous to the human body and the individual cell that makes up the human body. Macroeconomics is involved with the wide lens aspect of society. In other words, macroeconomics focuses on the broader large scale economy of a society. Macroeconomics focuses on larger economic issues such as national employment rates, gross domestic product, interest rates, as well as currency exchange rates just to name a few examples. On the other hand, microeconomics focuses more on the narrower lens of an economy. This approach focuses on the individual businesses and customers as far as economic decisions are concerned. Specifically, microeconomics studies the decision making process of the consumer. Microeconomics ask the question, how do consumers spend their money? According to Investopedia (find source), microeconomics is at the heart of consumer purchasing. Microeconomics Essay Paper