I've mislaid your last message so I've lost your given name, Michael I think?
There is one important aspect of Economics which I think you have not
emphasised enough in your description of what Economics can do for the
student. This is the idea of Economics as a set of tools with which to
analyse all those real world events, issues and trends which concern the
allocation of real resources. I think it was explained in this way by Keynes
and appeared again in early versions of the introduction to Lipsey's
textbook, I don't know whether it figures in it still (in its present version
of Lipsey and Chrystal). The real point of this is that the student can learn
how to analyse quite unfamiliar situations by applying appropriate concepts
and theories to develop an understanding and sometimes, to predict the most
likely consequences.
Good luck. Nancy
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