You are supposed to hand in your essay before the lecture tomorrow. For those who cannot make it, I provided an option of submitting essays in the tutorial.
Regardless, we will have a tutorial tomorrow. I will take attendance. Let’s say you couldn’t attend the lecture and the tutorial. Then you have to drop your essay to the Division of Social Sciences (Ross Building, 7th floor). Do this at your own risk: the
secretaries may see your essay only on Monday and stamp that day on your paper. In that case, you would be three days late and lose six percentile points.
I want you to think about deflation: general decrease in prices. That’s what’s going on in Europe at the moment. Prices go down, as recession continues. The commonsensical idea is that it is always good for people when prices go down. Is this always the case?
See you tomorrow.
This graph is taken from The Economist Espresso App.
Business and Society | Tutorial: 13 (Yasin) 