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Economics

Notes

Economics is the study of how individuals, organizations, and societies allocate scarce resources — and how that allocation produces emergent patterns of behavior, competition, and value. This Map covers both classical economic principles and the behavioral and social dimensions of economic life.

Market Dynamics and Competition examines how competitive markets function: specialization, comparative advantage, globalization, and the mechanism by which self-interest can produce collective benefit.

Competition addresses the structure of zero-sum competition — where one agent's gain comes at another's expense — and how it drives both advantage and destruction within economic systems.

Tradeoffs and Consequences provides the foundational logic of economic reasoning: scarcity forces prioritization, every choice carries an opportunity cost, and effects ripple beyond their immediate point of impact.

Environment and Behavior covers how the structure of situations, choice architectures, and incentive systems shape behavior — often more powerfully than individual preferences or intentions.

Consumption and Commodification examines the darker edge of economic logic: how consumption becomes identity, how attention becomes product, and how economic frameworks colonize domains (relationships, civic life, health) that resist pure market logic.

Decision Traps and Biases connects economics to behavioral psychology — the cognitive shortcuts and defaults that systematically distort economic judgment, from anchoring to loss aversion.

Courses

Public Economy (course) Inequality (course)

Podcasts

Marsupial (podcast)

Other MOC

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