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Economics in Everyday Life

How economic knowledge helps guide decision-making

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From theory to practice. Global interdependence, conflicting environmental and social objectives, economic crises and political uncertainty shape economic decisions at every level – right down to our daily lives. In this Science Café, we aim to demonstrate and discuss how economic models and theories influence our daily lives and how understanding them enables us to make informed decisions in our everyday lives. Whether you’re shopping, filling up with petrol or taking out a loan. Explained simply with the new edition of the book ‘Aktuelle Volkswirtschaftslehre’.

More on the content: How can I apply the KOF’s findings to my own situation? For example: What is inflation and how does rising inflation affect me? What does it mean when the Swiss National Bank raises interest rates, and what are the implications for me? Why do we in Switzerland feel the effects of geopolitical conflicts in other parts of the world? What can I take away from the KOF’s forecasts for my daily life?

 

Prof. Dr. Jan-Egbert Sturm
Member of the Executive Board, KOF Swiss Economic Institute, ETH Zurich
Lena Teresa Will
Doctoral student at KOF Swiss Economic Institute, ETH Zurich

Moderator:
Dr. Thomas Domjahn
KOF Swiss Economic Institute, ETH Zurich