What is fiscal policy? What are inflation, deflation and stagflation? What are the different types of unemployment? Can you explain all these things simply so that a young child can understand them?_x000D_ _x000D_ In previous "What Is Economics" clubs, we talked about the fundamentals of financial systems. If you haven't joined previous clubs, it's totally fine. In this third installment, we'll look at key terms used by governments and banks and we'll dissect their meanings as well as how they affect each other and the entire economic ecosystem._x000D_ _x000D_ In any conversation about economics, the terms we'll discuss in this club will get thrown around and those involved in the discussion are simply expected to understand them. Understanding these terms doesn't only make you able to have the conversations, it allows you to have a deeper understanding of how a country's economic system works, of how the world works together (and sometimes not) and, most importantly, of how money thinks!_x000D_ _x000D_ Bring your questions. Feel absolutely free to tell us if you don't understand a word or a concept. Let's simplify the complicated. Let's talk about what economics is and let's go home with new knowledge and vocabulary that will open our eyes to the true world of money!_x000D_ _x000D_ 什么是财政政策？什么是通货膨胀、通货紧缩和滞胀？失业有哪些不同类型？你能简单地解释所有这些事情，让一个小孩子都能理解吗？_x000D_ _x000D_ 在之前的“经济学是什么”club中，我们讨论了金融体系的基本原理。如果你没有参加过先前的club，完全没问题。在第三部分中，我们将研究政府和银行使用的关键术语，分析它们的含义，以及它们如何相互影响和影响整个经济生态系统。_x000D_ _x000D_ 在任何关于经济学的对话中，我们在这个club讨论的术语都会被抛出，而参与讨论的人都应该能够理解它们。理解这些术语不仅能让你有能力进行对话，还能让你更深入地了解一个国家的经济体系是如何运作的，世界是如何共同运作的(有时不是)，最重要的是，资本是如何思考的！_x000D_ _x000D_ 提出你的问题。如果你不理解某个单词或概念，请随时告诉我们。让我们简化这个复杂的问题。让我们来谈谈经济学是什么，让我们带着新的知识和词汇回家，让我们睁开眼睛看到真正的货币世界！