Thinking like an economist can be helpful in your daily life

Thinking like an economist can be helpful in your daily...

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Thinking like an economist can be helpful in your daily life. If you understand basic economic principles such as incentives, opportunities, and risks and rewards, you can make better decisions. Learning to view the world as an economist can also help you make decisions about which credit card to apply for, what loan to take, or which health care plan is the best. For this assignment, you will participate in a discussion about the two roles of economists in the context of a specific scenario. When responding to the discussion questions, be sure to reference course materials to support your conclusions and opinions. You should do the same whenever you respond to another person’s discussion post. By doing so, you not only make a stronger case, but better support your own learning. Scenario Imagine that a group of advisors to the president has suggested providing a tax cut for the middle class
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