On November 9, 2015 the Ethics and Economics Forum gathered together to discuss economic justice. The Forum invited Professor Anca Grecu of the Stillman School of Business, Department of Economics and Legal Studies, to lead a discussion on microeconomic approaches to poverty.
One major distinction that Professor Grecu helped the group understand was that microeconomics looks at individual choices and motivations, whereas macroeconomics looks at structural dimensions of choices and behaviors. Professor Grecu then discussed how from a microeconomics standpoint, the causes of poverty are difficult to determine due to the multiple, complex variables that impact individual economic decisions. Attendees of the Forum joined in the conversation by raising questions from philosophical, legal, and moral perspectives.
Check back soon for an update on the next meeting.