윤영상 교수님 경제학 입문 summary해석입니다.

1. Economics is the scientific study of people and institutions from the point of view of how they produce and consume goods and services and face the problem of scarcity.

2. Microeconomics looks at the interactions of producers and consumers in individual markets.

3. Macroeconomics is the study of the economy as a whole, and is concerned with aggregates.

4. Economists often disagree, but they do agree on a large body of economic theory.

5. Economic theory is an abstract way of thinking that allows the development of principles, or tools, that can be used to study complex social issues.

6. The self-interest hypothesis is a very basic assumption of economic theory. Although Economists recognize that economic behavior is a complex process, it is assumed in economics that human beings pursue their own self-interest.

7. The economic approach is positive, or non-normative; it cant predict the future, but is can make statements of an if A then B type.

8. Because of their individualistic approach, economists tend to look to the market to solve social problems. In analyzing problems, economists spend a great deal of time clarifying options and looking at costs. In examining possibilities for substitution, economists look at costs and benefits at the margin.