WhatDoesEconomistDo?WhatDoesEconomistDo?Aneconomistissomeonewhoknowsaabouthowgoodsandwealthareproducedandused,Food.Forexample,isakindofgoods.Everyoneeatsfood,buttheaveragepersondoesnotthinkmuchaboutallthethingsthatmusthappenbeforefoodappearsonhisplate.Anotherexmapleisthepaperthisarticleisprintedon.Itstartedaswoodonatreeveryfarfromhere.Menandmachinesmadethewoodintopaper,whichhadtobepackagedandcarriedbytrucksandputintostores.Ateverystepintheprocesspeoplehadtobepaidfortheirwork;moneyhadtobeusedforbuyingandrepairingthemachines,andsoon.Ofcourse,everyoneconcernedhadtomakeprofit,too.Evenaverysimplethinglikeapieceofpaperhasalongstorybehindit,Economiststrytounderstandhowallthepartsofthelongstoryarerelated.Aneconomistlearnshowtoguesswhatwillhappeninthefuture,asfarasgoodsandpricesareconcerned.IffruitgrowersinFloridalosepartoftheircropsbecauseofbadweatherthismonth,whatwillhappentothepriceoforangesinNewYorktwomonthsfromnow?Ifbankschargehigherinterestonloanstobuilders,howwillthataffcetthecostofanewhome?Thesearejustafewofthequestionseconomistslearnhowtoanswerwouldyouliketobeaneconomist?