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Think Like an Economist - Michael McMahon - What Economists Really Do

Автор: Economics Department, Oxford University

Загружено: 2025-11-12

Просмотров: 246

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This talk explores why financial and economic literacy matter for citizens and why even highly educated people often struggle to make sense of policy, politics, and personal finance. Drawing on new research, Professor Michael McMahon will show that households rely on diverse mental models of the economy that differ sharply from those of experts.

Building on the 'three Es' of communication — Explanation, Engagement, and Education — the talk argues that better teaching, clearer communication, and genuine dialogue can help people think more like economists and engage more effectively in today’s complex economic environment.

Think Like an Economist - Michael McMahon - What Economists Really Do

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