Three Ways to Think Like an Economist, Starting Today

Kristie Engemann

Open Vault from Federal Reserve Bank of St. Louis

Abstract: Can thinking like an economist help you make everyday decisions? This fun blog post explains three key concepts: sunk cost fallacy, opportunity cost and marginal decision-making.

Date: 2020-03-18
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00100:102578

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