Graded Discussions – Economics and
Government
What is Economics? (Discuss definitions of types,
discuss definition of social science)
"Search in the nature and causes of the Wealth of
Nations
 What are problems with economics as a field
of study? (Ceteris paribus, assumptions of the
model, rational actors, maximizing benefits…)
 What are ways in which you can measure the
development of a nation-state?
 What makes an economy strong?
 º
 What are the different types of economies?
Macro & Micro
 Why is economics and trade important? How
are they related?
 How can countries affect each other positively
or negatively through economics or trade?
 How is economics regulated? Provide
examples of how governments regulate 5
economies, control economies, or how they
encourage growth?
 How do governments and economies affect
poverty whether in their own country or
around the world?
 When did modern economics begin? What
was necessary for this to occur?
 Who gets the benefits of economic interaction
and trade?
 Are people naturally inclined to trade and
create an economy? What is required for this
to occur?
 How are economics and globalization related?
In what other ways can you see the effects of
globalization and economics in a society?