Consider the mosaic depicting Emperor Justinian and his attendants (figure 14.11). What other examples can you think of where art is used to express the authority of the ruler? Is it the same kind of power Justinian is claiming? Give specific examples.
Definitions:
Tools of Economics
The set of methodologies, techniques, and concepts used by economists to analyze and understand the workings of economic systems.
Economics
The academic discipline that explores how people, government entities, companies, and countries decide to distribute limited resources to meet their endless desires.
Systematic Mistakes
Errors that individuals consistently make due to predictable psychological biases, often studied in behavioral economics.
Decision Making
The process of selecting among various alternatives or options, typically aiming to achieve the most favorable outcome.
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