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UC Managerial Economics Been Hit by A Great Economic Crisis Analysis
1. According to Interland (2009) the art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists of tracing the consequences of that policy not merely for one group but for all groups. Discuss
Jeneen Interlandi, “Not Just Urban Leg- end,” Newsweek, January, 19, 2009
2. Children in poor neighborhoods have bleak outlooks on life and do not see much gain to studying. A recent experiment is paying children in poor neighborhoods $100 for each “A” they earn in a six-week grade reporting cycle. How does this affect the children’s behavior?
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