APAAN TUH EKONOMI DESKRIPTIF, TEORI, DAN TERAPAN ?!

Summary

In this video, the presenter discusses the basic concepts of economics, focusing on its division into three main categories: descriptive economics, theoretical economics, and applied economics. Descriptive economics highlights real-world conditions and facts, while theoretical economics explores cause-and-effect relationships within economic phenomena. The video emphasizes the importance of applied economics in policymaking, using examples like Sharia economics and its implementation in countries like Saudi Arabia. The discussion aims to clarify these economic principles, encouraging viewers to engage with the subject matter.

Takeaways

• 📅 It's been a while since the last upload, and the speaker apologizes for the delay due to work commitments.
• 📚 Economics is divided into three main categories: descriptive economics, economic theory, and applied economics.
• 📊 Descriptive economics presents actual economic conditions and facts without explaining causes.
• 🧠 Positive economics analyzes economic phenomena and establishes cause-and-effect relationships.
• 📈 Economic theory is further divided into microeconomics and macroeconomics, focusing on individual economic actors and the economy as a whole, respectively.
• 🌍 Macroeconomics discusses aggregate indicators like national income and ways to increase it, such as technology adoption.
• 💡 Applied economics is practical and involves policy-making, often using normative statements like 'should' or 'ought to'.
• ⚖️ Examples of applied economics include government policies, such as setting maximum retail prices during price hikes.
• 📖 Specific fields within applied economics include Islamic economics, monetary economics, and political economics.
• 🏛️ Different countries adopt various economic practices based on their context, such as Saudi Arabia applying Islamic banking principles.

Q & A

What is the main focus of the video?

The video focuses on the basic concepts of economic science, specifically the division of economics into descriptive, theoretical, and applied economics.

How is descriptive economics defined?

Descriptive economics, also known as positive economics, shows actual economic conditions and facts without explaining their causes.

What are some examples of facts presented in descriptive economics?

Examples include the rising prices and decreasing purchasing power during the 1998 economic crisis.

What distinguishes theoretical economics from descriptive economics?

Theoretical economics explains the causes and effects of economic phenomena, whereas descriptive economics only presents the facts.

What are the two subdivisions of theoretical economics?

The two subdivisions are microeconomics, which focuses on individual economic agents, and macroeconomics, which looks at aggregated economic factors.

Can you provide an example of a microeconomic analysis?

An example of microeconomic analysis is how an increase in prices affects the supply of goods.

What is the significance of applied economics?

Applied economics is significant because it translates economic theories into practical policies and recommendations for real-world issues.

What does normative economics involve?

Normative economics involves statements that reflect opinions or recommendations about what should be, often using terms like 'should' or 'ought to be'.

What is an example of applied economics in action?

An example of applied economics is government policies on price controls, such as setting price ceilings on essential goods like cooking oil.

How does the video encourage viewer engagement?

The video encourages viewers to engage by asking them to like, comment, and subscribe for more content.