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Economics For The 21st Century

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  • Shaheera Bano

    (Pakistan Institute of Development Economics)

Abstract

The current position of economics in the world is considered the only general law in the whole social sciences. Social scientists believe that many phenomena are actually challenging to explain. However, in economics, agents react to changes in incentives which gives us an important insight into a given situation. Microeconomics has made substantial scientific progress in the past 50 years.

Suggested Citation

  • Shaheera Bano, 2022. "Economics For The 21st Century," PIDE Webinar Brief 2022:107, Pakistan Institute of Development Economics.
    • Handle: RePEc:pid:wbrief:2022:107
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