Glamor Economics

Chapter 12

Chapter 2 Section 5 A Science That Makes People Happy
Economics is said to be "the study of economics and benefits" at a large scale, and "the study of economic benefits" at a small scale. We can get help and inspiration from economics, whether it is for the country or ourselves.In short, economics is a science of success and happiness based on rationality and reality.

The famous British dramatist Bernard Shaw once said a famous saying: "Economics is an art that makes life happy." Economist Alfred?Marshall believed that economics contains "the hope of gradually eradicating poverty and ignorance", as a "discipline of wealth", and "the pursuit of happiness" is the great goal of economics.From the perspective of the subject of economic research, this is indeed the case.Many concepts in economics come from life and are closely related to our lives.

For example, "Pairing of Immortals" is a classic repertoire of Huangmei Opera that everyone is familiar with. Among them, the lyrics of "You plow the field and I weave, and I will carry water to you to water the garden" in "Birds in Pairs on Trees" are similar to those in economics. related to the family division of labor.There are many concepts in microeconomics, such as scarcity, price, commodity, utility, consumer surplus, etc., which are closely related to our work and daily life.Macroeconomics mainly examines economic aggregates such as the total level of employment and gross national income. Economic indicators such as the cost of living index, Engel's coefficient, Phillips curve, fiscal policy, and excess liquidity are also closely related to our lives.If we understand the country's fiscal policy and the changing trend of the international economy, we will be able to better guide production and management, investment and financial management, and consumer spending.If the government can understand the development of the national economy through macroeconomic data, and on this basis, assess the situation and make appropriate economic decisions, it will also better achieve the goal of national economic construction and improve people's living standards to a greater extent.

We found that those who live a more relaxed and successful life in real life are using the knowledge of economics consciously or unconsciously.This is indeed the case. Whether it is family consumption, personal finance, career planning, business management, etc., we can all get very useful enlightenment from economics.

With the emergence of welfare economics in the 20s, more and more economists focused their research on social welfare and people's livelihood issues, and economics became more closely related to our lives.As the famous Indian economist Amartya?As Sen pointed out, economics should return to its starting point. No matter how economics develops, it must always answer the proposition put forward by Socrates 20 years ago, that is, the question of "how people should live". What needs to be answered is the question of how human beings can be happy.

Happiness and happiness are the ultimate value pursued by human beings and the eternal theme of human exploration.Fundamentally speaking, economics is the science of happiness. How to promote personal happiness and increase social wealth and welfare has always been the direction of economic research and efforts.

(End of this chapter)