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Amazon.com: Economics, 3rd Edition (The Teaching Company: The Great Courses) : Timothy Taylor, Jon Leven, Tamara Stonebarger: Movies & TV
Economics, 3rd Edition (36 lectures, 30 minutes/lecture) Course No. 550 Taught by Timothy Taylor Macalester College M.Econ., Stanford University Master the Basics of Economics These lectures require no special or advanced knowledge of mathematics. Instead, you will learn economics through intuitive explanations and in plain English, from an instructor who has won teaching awards at Stanford and the University of Minnesota. His first 18 lectures focus on "microeconomics," or looking at economics "from the bottom up." You will 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: How supply and demand operate in the free market to determine the prices of the goods we buy and the salaries we are paid How interest rates are determined and the effects they have on so many decisions we make—such as what house we will buy How businesses compete with one another. What is a "natural monopoly"? What role does government have to play in encouraging and regulating competition? "Public goods"—things like national defense and education—that we all benefit from whether we contribute to them or not. The difficulty of encouraging citizens to support production of public goods can be understood through a game theory problem known as The Prisoner's Dilemma. The second half of the course covers "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 that the government taxes and spends, and how these actions affect the total demand and supply in our economy The relationship between employment and inflation, and the different perspectives on this problem advanced by the two main schools of economic theory—the Keynesians and the neoclassicists
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4.5 x 2 x 11.5 inches; 1.64 Pounds
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Very informative material, however the presentation is somewhat dry and tedious. Could not finish the first DVD in one setting. It will take me awhile to get through the series.
I have taken more than half a dozen undergraduate courses in economics (microeconomics, global economy, international monetary policy, etc) and I still found a large amount of Tim Taylor's presentation useful. I listened to this course on audio while walking, driving, and riding the bus. I don't have much time to spare in my day, so I found this lecture series to be a great way to optimize my time.
Taylor's presentation of information is fun and lively! He covers everthing from basic micro/macro to aggregate supply/demand, and he even hits upon the federal reserve's structure, responsibilities, and so on. If you would like to develop a foundational knowledge of undergraduate economics, this is the way to go. Honestly, there are few lecture series by the teaching company that I wouldn't recommend, but this is in the top 25% of the 40 series from the Teaching Company that I have watched/listened.
