Microeconomics is the study of how specific choices made by businesses, consumers and governments affect the markets for different goods and services. For example, a microeconomist might examine how price changes affect sales of apples relative to oranges.

Alex Berenson

When I was a graduate student, I actually took a course in development economics and I thought it was the most boring thing in the world.

Abhijit Banerjee

Men World Took

The anti-New Deal line is wrong as a matter of economics. F.D.R.'s spending programs did help the economy and created millions of new jobs.

Adam Cohen

Wrong Ted T

So much of the language that surrounds us - from things like economics, management theory, and the algorithms built into computer systems - appears to be objective and neutral. But in fact, it is loaded with powerful, and very debatable, political assumptions about how society should work and what human beings are really like.

Adam Curtis

Work Society Power

A conveyor belt of Think Tank pundits and allied operatives poured into the TV studios, and together they built a fortress around Mrs. Thatcher's memory that was rooted in theories about economics. They did this because economics is the only language that wonks understand.

Adam Curtis

Age Won Use

Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.

Adam Davidson

Money Men Use

The economics profession advances by one confusing financial disaster at a time.

Adam Davidson

Time Van Using

The idea of confidence, of the emotions of the population, is an incredibly important one in economics. John Maynard Keynes called it 'animal spirit.' And if people are feeling generally good about the future, they're more likely to spend money, to start new companies; companies are more likely to hire people, make investments.

Adam Davidson

Money Men Good

There is such a polarized discussion of economics among people like analysts, columnists, bloggers; often, they end up just saying that views other than their own should not even be discussed. I find that frustrating. There is no intellectual progress without considering lots and lots of different views.

Adam Davidson

Yin Without Wit

Economics is not a discipline that comes to correct answers - economies are too complex.

Adam Davidson

Too T Mic

Technology is just one of the factors affecting the world of work. Economics, demographics, sociological trends, and government policies are four other core influences reshaping labour markets and determining how we will work for years ahead.

Alain Dehaze

Work Technology Men

If somebody had said to me in June or July of 1987, 'We'd like you to become chairman of the Federal Reserve, but you're never allowed to discuss any economics after you leave,' I'd have said, 'Forget it.' What do they want me to do? Become an anthropologist?'

Alan Greenspan

You Wed Want

Macroeconomics is the analysis of the economy as a whole, an examination of overall supply and demand. At the broadest level, macroeconomists want to understand why some countries grow faster than others and which government policies can help growth.

Alex Berenson

Men Government Why

Microeconomics is the study of how specific choices made by businesses, consumers and governments affect the markets for different goods and services. For example, a microeconomist might examine how price changes affect sales of apples relative to oranges.

Alex Berenson

Men Government Good

Economics pretends to be a science. Its practitioners fill blackboards with equations and clog computers with data. But it is really a faith, or more accurately a set of overlapping and squabbling faiths, each with its own doctrines.

Alex Berenson

Science Faith Computers

The difference between microeconomics and macroeconomics is a bit like the difference between biology and medicine. Knowing that certain genes increase the risk of cancer is relatively easy. Figuring out exactly which people will get sick, or how to cure them, is a lot more complicated.

Alex Berenson

Wing Win Will

The idea of applying psychology or behavioural sciences to communication is not a new one. It's very old behavioural economics. If it gives you some additional insights - so be it.

Alexander Nix

Science Communication You

I don't think most of Congress understands how economics works.

Alexandria Ocasio-Cortez

Work Works Understand

The idea that we're going to austerity ourselves into prosperity is so mistaken, and honestly, I feel like one of the big problems we have is that, because Democrats don't have a deep understanding of or degrees in economics, they allow Wall Street folks to roll in the door and think that they're giving them an education.

Alexandria Ocasio-Cortez

Education Wall Street Wall

I walked into an international economics tutorial, and the professor said, 'I don't know how to teach a woman.' I said, 'It's the same as teaching a man.' I just sat down, and he had no choice but to start teaching. When I handed in my first paper, I think that shut him up.

Allison Schroeder

Art Woman Walked

One of the things I've always liked about my husband is he's very good at lots of stuff. He was an English teacher when I met him. He wrote poetry and played the guitar. As time went on, he decided to go into economics, so he's very analytical and mathematical in addition to his artsy side.

Ally Condie

Time Teacher Poetry

The simple model of a bridge is great, and you could not build a bridge without understanding it well. But if you're actually building the bridge, you need to know the site. A lot of economics is like that: When prices go up, demand is gonna go down. You can't forget that and run your economy. But it's not the only thing you need to know.

Alvin E. Roth

In a paper called 'The Economics of Matching: Stability and Incentives,' I showed that there were not any mechanisms that would always both produce a stable matching and make it completely safe for all firms and workers to reveal their true preferences.

Alvin E. Roth

I gravitated to economics because I'm interested in how people coordinate and collaborate with each other. Economics studies all the ways people get along with each other.

Alvin E. Roth

Experimental economics is about conducting experiments: bringing economics into the laboratory or creating controlled conditions in the field that allow us to understand better what we are seeing in less controlled circumstances.

Alvin E. Roth

Some say economics has all kinds of good tools and techniques, but it has an absence of interesting problems. I look around the world, and I see all kinds of interesting, important problems we ought to solve with the tools we have.

Alvin E. Roth

Art has often been and continues to be considered transcendent. I see this as misguided and, in fact, a way of subverting the powerful voice art can be in global discussions about politics, economics, society, culture, religion and international relations.

Aman Mojadidi

While I am interested both in economics and in philosophy, the union of my interests in the two fields far exceeds their intersection.

Amartya Sen

To join or not to join films was the biggest choice I had to make. I'd done two years of biogenetic engineering, was an economics graduate and a gold medalist. I had also been a Bharatanatyam dancer from age five, always won the best actress award in school. Finally, I decided to do things for my soul, chose to act.

Amisha Patel

I'm always for lower taxes because lower taxes make people want to do things. Less burden, more fun, and economics is about people wanting to have fun. Growth is fun for people in the marketplace.

Amity Shlaes

If I wasn't modeling, I'd be studying economics or international politics.

Andreja Pejic

Weirdly enough, I'm a macroeconomics enthusiast.

Andreja Pejic

Many of us like to think of financial economics as a science, but complex events like the financial crisis suggest that this conceit may be more wishful thinking than reality.

Andrew Lo

Oil has allowed us to think about economics as though energy doesn't matter.

Andrew Nikiforuk

The exclusion of girls from education is an issue of justice. But it's also an issue of economics because it's holding families, communities, and nations back. The chiefs are often a bridge between the traditional and the modern world and are very powerful implements to change.

Ann Cotton

Unlike economics, whose sole preoccupation in our finance-obsessed era is the near-term profit motive, history offers a way to place our tiny lifespans in a narrative that spans dozens of generations - perhaps even reaching into a future where capitalism is no longer our dominant form of economic organization.

Annalee Newitz

Everywhere I go, I see incredible examples of communities that have a vision for transportation and how it will impact the quality of life, mobility, economics and opportunity.

Anthony Foxx

I lived in London, went to the London School of Economics, do a lot of business in London, and have a lot of fun in London.

Anthony Scaramucci

Consciousness permits us to develop the instruments of culture - morality and justice, religion, art, economics and politics, science and technology. Those instruments allow us some measure of freedom in the confrontation with nature.

Antonio Damasio

At a purely practical level, history is important because it provides the basic skills needed for students to go further in sociology, politics, international relations and economics. History is also an ideal discipline for almost all careers in the law, the civil service and the private sector.

Antony Beevor

As a child, I had no idea that I would end up in the film industry. My ambitions changed from wanting to join the army like my grandfather to taking up merchant navy as a career to running for India, and finally, investment banking while I was a student of economics honour. But during my college days, I began to get offers for modelling.

Arjun Rampal

The whole industry is so screwed up by economics. It's disgusting to me.

Armand Assante

Letting the greens dictate your energy choices, whether it's halting the XL Pipeline or fracking in New York, isn't just bad economics. It can also leave your rivals and enemies controlling your energy destiny.

Arthur L. Herman

Obama is a fine, very impressive person. He really is. Unfortunately, everything that he is doing in economics is exactly wrong. He is a crappy president.

Arthur Laffer

Tax rates aren't everything with regard to incentives to work. I would probably work at a 100% tax rate next to a nude modeling studio. I'm joking, but you know what I'm saying. There's a lot more to it than just tax rates. It's economics that I do; I don't do nude modeling studio economics. People do respond to taxes.

Arthur Laffer

I think the economics of this country is intricately linked to the politics of this country and the two cannot be separated.

Arvind Kejriwal

Lots of us have been plugging away, building a platform to talk about libertarian communism and post-scarcity economics.

Ash Sarkar

Economics taught in most of the elite universities are practically useless in my context. My country is dominated by drug economy and a mafia. Textbook economics does not work in my context, and I have very few recommendations from anybody as to how to put together a legal economy.

Ashraf Ghani

We aim in the domain of politics at republicanism; in the domain of economics at socialism; in the domain of what is today called religion, at atheism.

August Bebel

History shows that where ethics and economics come in conflict, victory is always with economics. Vested interests have never been known to have willingly divested themselves unless there was sufficient force to compel them.

B. R. Ambedkar

Classical economics values things by seeing how much someone will pay for them. But this is where classical economics is wrong. What it fails to account for are all the 'externalities' - the services people regard as free goods: pollination services, flood protection, climate regulation, soil stabilization, carbon sequestration.

Barry Gardiner