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What role does economics play in your everyday life?

This week we are asking you what role economics plays in your everyday life. Are there certain decisions you make because of economic reasoning? How has studying economics changed / affected you?

“Economics is everywhere, and underestimating Economics can help you make better decisions and lead a happier life.”

Tyler Cowen

“The purpose of studying Economics is not to acquire a set of ready-made answers to economic questions, but to learn how to avoid being deceived by economists.”

Joan Robinson

By Lilly

Hi everyone! My name is Lilly and I am a high school student based in Germany, where I am currently enrolled in the IB diploma programme. Aside from founding EconIR WEB, I am also the President of JEC Berlin. Being a student who has a deep interest and passion for economics and international relations myself, I know how challenging it can be to find ways to engage with your areas of interest. Therefore, I created EconIR WEB. I hope that through EconIR WEB we will be able to build a strong community of students who share the same passion. Cant wait for you to join!

One reply on “What role does economics play in your everyday life?”

I am not an economist, but as a lawyer specialising in insolvencies my work heavily depends on the economy. My colleagues and I get involved when things are going badly economically.

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