ECON 2020 Study Guide - Miss Marple, Town Meeting

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30 Oct 2014
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Agatha christie wrote a series of mystery novels in which she challenged the reader to outwit her fictional heroine, miss jane marple. By the end of the book, the reader has the same facts that miss marple has. But the facts do not speak for themselves. Miss marple"s ability to look at those facts in a special way, to see something significant where most readers see nothing, which lets her solve the mystery. Facts in economics, as in an agatha christie novel, need to be organized in some way before they can tell one anything. Thus, the study of economics involves more than a memorization of facts. Economics tries to organize facts with its theory. Good theory tells us which facts are important and which are not, and what is cause and what is effect. the study of economics involves learning how to organize facts the way economists do.