#170Listening: Fill in the BlanksAcademic,CoreMedium
Economists
Official Question Material
Prep: Varies
Official Audio Prompt
An economist sees the world basically through a typical microeconomic [blank] . That involves things like thinking at the margin, rationality, opportunity cost, trade-offs. Economists like any other [blank] rules, and its own way of seeing the world. So basically economics or economists, in general, tend to apply microeconomic [blank] like that to explain the way humans behave and to make [blank] about the future.
Sample Answer & Audio Transcript
An economist sees the world basically through a typical microeconomic toolkit . That involves things like thinking at the margin, rationality, opportunity cost, trade-offs. Economists like any other discipline rules, and its own way of seeing the world. So basically economics or economists, in general, tend to apply microeconomic concepts like that to explain the way humans behave and to make predictions about the future.
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