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Economics, 3rd Edition

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Economics, 3rd Edition

Written by: Timothy Taylor, The Great Courses
Narrated by: Timothy Taylor
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About this listen

Economic issues are active in our lives every day. However, when the subject of economics comes up in conversation or on the news, we can find ourselves longing for a more sophisticated understanding of the fundamentals of economics.

These thirty-six lectures will help you think about and discuss economic issues that affect you and the nation every day-interest rates, unemployment, personal investing, budget deficits, globalization, and many more-with a greater level of knowledge and sophistication. They require no special or advanced knowledge of mathematics. Instead, you'll learn economics through intuitive explanations and in plain English.

Professor Taylor's first 18 lectures focus on "microeconomics," or looking at economics "from the bottom up." You'll study the behavior of individuals, households, and firms; and how they interact in markets for goods, labor, and saving and investment. Topics in microeconomics include: supply and demand in the free market, monopolies and regulated competition, and public goods.

The second eighteen lectures cover "macroeconomics," or studying the economy "from the top down." Here you will examine the factors that help economists evaluate the economy on a national and global scale. Among these macroeconomic issues are: common ways the government taxes and spends, the relationship between employment and inflation, and international exchange rates.

Throughout, Professor Taylor helps you apply what you are learning to many of today's most frequently discussed and misunderstood issues.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your Library section along with the audio.

©2005 The Teaching Company, LLC (P)2005 The Great Courses
Economics

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All stars
Most Relevant
Perfect for anyone who would like an introduction to economics. Easy to understand, full of examples and clarifies complex ideas in simple language. Highly recommend.

Fantastic intro to economics

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chalked full of information, pretty comprehensive understanding of economic theory implications and implementations. I would highly recommend to anyone looking to review or dive into this amazing field of study.

Well worth the Purchase

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This was a great introduction to economics. It avoids constant calculations and focuses on building a foundation of the basic factors and approaches from an economic perspective.

Worth the price

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The professor does a great job explaining economic concepts. It is the first time that I found these concepts interesting.

Outstanding

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I can explain the relevancy of this book via one particular detail: The professor is explaining that a “500,000,000,000” debt is unimaginable. And today we are $35 trillion in debt.

Nothing too educational, sort of like the summary of the textbook for close to 20 hours.

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