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In this and the following forums entitled "Your initial thoughts" I want to hear initial thoughts and ideas about a particular topic. You should do this activity at the beginning of each week, before reading any of the material or textbook. Please do not search for answers in the book or elsewhere. The whole point of the exercise is to see what YOUR INITIAL thoughts are on a subject and how they may change as you progress through the course. These forums are graded on a complete/incomplete basis. If you have answered the question in a sentence or two, in your own words giving us your own thoughts and reactions, you should receive a full score for that forum, i.e. 5 points. I can’t wait to read your initial ideas! 🙂

 

So here is the first question: What is economics? Explain very briefly. 🙂