This year's Nobel Prize in Economics was awarded to Robert Hall and Michael Woodford. Their studies show that the outcome of economic policy depends on the expectations of households and companies from the future and the validity of the central bank's promises. In this chapter of "Chartka", Mohammad Meshinchian explains the achievements of these two economists in simple language and examines their approaches to economic governance and the life of the Iranian people. The full episode of the Aboxis program on Iran International's YouTube.

This year's Nobel Prize in Economics was awarded to Robert Hall and Michael Woodford. Their studies show that the outcome of economic policy depends on the expectations of households and companies from the future and the validity of the central bank's promises. In this chapter of "Chartka", Mohammad Meshinchian explains the achievements of these two economists in simple language and examines their approaches to economic governance and the life of the Iranian people. The full episode of the Aboxis program on Iran International's YouTube.