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.
Disclaimer: Please note that this recording may include references to supplemental texts or print references that are not essential to the program and not supplied with your purchase.
©2005 The Teaching Company, LLC (P)2005 The Great Courses
I enjoyed this lecture series. Enough to listen a second time; both for better understanding and for more recall for conversations with friends. The narration was great. Professor Taylor is a gifted speaker. My only negative comment is that this series was produced at least 10 years ago. Audible's release date makes it seem more current.
I've been looking for a way to digest a lot of the economic principles out there and I found it in this course. I consider myself pretty business and economics savvy and wanted something that could help me get my mind around some of the fundamentals that I glazed over in college. The format of this lecture was way better than any book I could find (especially seeing as I kept falling asleep while reading them).
I recommend this course.
Yes, provides a soid foundation of economic concepts. I would warn that the information is slightly dated (recorded in 2005 I believe), which means some of the lessons learned from the most recent economic problems of the world won't be covered. That said, the lecturer provides ample theoretical and historical examples for most concepts, which helped made difficult concepts clear.
Did a great job of making the rather dull topic interesting. The jokes he told to break up the topic, while not standup material, were humorous enough that I found them enjoyable. Gave frequent examples, both theoretical and historical, to put the concepts in the real world. Great work all around.
Probably not. I firmly believe the lecturer did a great job, one can only handle so much economics before the eyelids get heavy. But in his defense, I'm not sure anyone could liven up the topic enough to justify 18hrs straight of econ.
Great for learning what not to fall for in news reports. Also, did a great job of not getting too into politics. Bravo!
Favorite reading categories include Business, Classics and History.
This course is a good primer on Economics. The lectures are well-organized and coherently presented. This is a very good listen for a beginner to Economics or someone looking for a refresher course.
The author has great examples that illustrate the concepts in an easy to understand manner. It was enjoyable!
Prof Taylor is very entertaining and gives a balanced view of subjects in Micro and Macro economics. I only hope he will make a fourth edition that covers event since 2004. Listened to this course everyday for three weeks.
In 36 lectures, Professor Timothy Taylor takes us from the basic micro-economic principal of supply and demand to the macro-economics of how countries' economies work - and why they sometimes don't. These are great lectures to better understand why things are the way they are.
These are lectures. Sometimes the Professor stumbles over his words are has to correct himself. To me that's the nature of the beast.
I love Audible! Long car drives, long walks! Audible seriously makes me wish my walks could be four hours long every day.
Yes, I wasn't sure there was a print version, but the audio version was entertaining, engaging and educational.
I really enjoyed his explanation on why it is to the benefit of everyone to share and divide labor. That even if you can do something better than another country, but you really excel at something else that they can't do, you should let them do what they can, (even if you can do it better) and concentrate on what you can do best.
I have not listened to Professor Timothy Taylor's other performances. But I found this performance to be well done.
I can't say there was anything there that particularly moved me. It's economics after all.
This was a great discussion of economics and the many different facets of economics. It has a way of making you consider aspects you might not otherwise consider when you are watching the news or whatnot.
These sets of lectures are far from boring, they are fascinating and very applicable to real life! I think that EVERYONE should have a better understand of economics to make good financial decisions in their lives, and this set of lectures is perfect for that!
I had fair understanding of economics before reading this based upon a lot of loose ideas gained through years of general knowledge of the world, but no formal structured understanding. This book does provide a solid foundation for the subject and it structures it in a way that provides rationale for this important the area of study..... but it is quite boring to listen to. Unfortunately that is the nature of the subject and I am not sure how to rate this as the"story". Nonetheless it is the reason for my 2 stars and the second half was better.
The professor obviously has a mastery and a love of the subject matter but you can tell that he is a 'wet talker', where he tends to build up saliva in his mouth and it trips up his word delivery. This is just a natural way that some people talk and is no big deal, but since I had to listen to him for 18 hrs, I am also just stating the fact that it was annoying. I have listened to other Learning Company lectures and understand the charm of having the raw performance of a professor delivering material. It actually has provided a more interesting experience than a polished narrator, but in this case I did not enjoy the professor's performance flaws.
"Funny & Informative"
I have listened to it twice already, learning different things with each listen.
Supply & Demand.
His enthusiasm towards the subject and his presentation.
It made me laugh but also challenged the way I thought.
It's also a good listen when writing essays on another subject: I am listening to it again.
Lucid introduction to economic concepts. Well read by the author in lecture style. Would be more interesting if there was more attempt to relate these concepts to happenings in the real world, economic history in short. Hence just 4 stars.
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