Economy as a whole Individual decision-making and behavior

Partial equilibrium analysis (focuses on General equilibrium analysis (considers

specific markets) whole economy)
Price, output, consumer choices, National income, unemployment,
firm profits inflation, economic growth

VS
Game theory, price theory, market Aggregate demand and supply
simulation models models, econometrics,
macroeconomic forecasting models
Conquer fear Lose to fear

Know how to keep going Don’t know what to do